Sax Wealth Advisors LLC Boosts Holdings in iShares MBS ETF $MBB

Sax Wealth Advisors LLC boosted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 18.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 79,719 shares of the company’s stock after acquiring an additional 12,192 shares during the period. Sax Wealth Advisors LLC’s holdings in iShares MBS ETF were worth $7,569,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of MBB. Brighton Jones LLC purchased a new stake in shares of iShares MBS ETF during the 4th quarter valued at $273,000. AQR Capital Management LLC grew its stake in iShares MBS ETF by 11.4% during the 1st quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock worth $950,000 after buying an additional 1,034 shares during the last quarter. Goldman Sachs Group Inc. increased its position in iShares MBS ETF by 13.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock valued at $35,521,000 after buying an additional 43,527 shares in the last quarter. Invesco Ltd. increased its position in iShares MBS ETF by 2.5% during the 2nd quarter. Invesco Ltd. now owns 11,446 shares of the company’s stock valued at $1,075,000 after buying an additional 279 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in iShares MBS ETF during the 2nd quarter valued at about $240,000. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Trading Up 0.3%

iShares MBS ETF stock opened at $93.27 on Friday. The stock has a 50-day moving average of $93.89 and a two-hundred day moving average of $94.72. iShares MBS ETF has a one year low of $92.68 and a one year high of $96.96.

iShares MBS ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were issued a dividend of $0.3413 per share. This is an increase from iShares MBS ETF’s previous dividend of $0.34. The ex-dividend date was Monday, August 3rd.

iShares MBS ETF Profile

iShares MBS ETF (the Fund), formerly iShares Barclays MBS Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results, which correspond to the price and yield performance of the Barclays Capital U.S. MBS Index (the Index). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage (GNMA). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).