iShares MBS ETF $MBB Shares Bought by Beverly Hills Private Wealth LLC

Beverly Hills Private Wealth LLC lifted its holdings in iShares MBS ETF (NASDAQ:MBB) by 4.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,530 shares of the company’s stock after purchasing an additional 177 shares during the period. Beverly Hills Private Wealth LLC’s holdings in iShares MBS ETF were worth $425,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC boosted its holdings in shares of iShares MBS ETF by 11.0% in the first quarter. LPL Financial LLC now owns 24,262,602 shares of the company’s stock worth $2,275,347,000 after buying an additional 2,404,586 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of iShares MBS ETF by 0.3% in the first quarter. PNC Financial Services Group Inc. now owns 2,939,526 shares of the company’s stock worth $275,669,000 after buying an additional 8,399 shares during the period. Renaissancere Holdings Ltd. acquired a new position in shares of iShares MBS ETF in the first quarter worth about $267,782,000. Cetera Investment Advisers boosted its holdings in shares of iShares MBS ETF by 17.5% in the first quarter. Cetera Investment Advisers now owns 1,863,533 shares of the company’s stock worth $174,762,000 after buying an additional 277,926 shares during the period. Finally, Quotient Wealth Partners LLC boosted its holdings in shares of iShares MBS ETF by 2.4% in the second quarter. Quotient Wealth Partners LLC now owns 1,492,641 shares of the company’s stock worth $140,144,000 after buying an additional 34,285 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Trading Up 0.1%

Shares of MBB opened at $95.96 on Tuesday. iShares MBS ETF has a one year low of $90.28 and a one year high of $95.99. The company has a 50-day moving average of $94.79 and a two-hundred day moving average of $93.47.

iShares MBS ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a dividend of $0.3363 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Wednesday, October 1st.

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).