Siligmueller & Norvid Wealth Advisors LLC Makes New Investment in iShares MBS ETF $MBB

Siligmueller & Norvid Wealth Advisors LLC bought a new position in iShares MBS ETF (NASDAQ:MBB) in the third quarter, according to its most recent disclosure with the SEC. The firm bought 49,042 shares of the company’s stock, valued at approximately $4,670,000. iShares MBS ETF comprises approximately 2.1% of Siligmueller & Norvid Wealth Advisors LLC’s portfolio, making the stock its 14th biggest position.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Delos Wealth Advisors LLC purchased a new position in iShares MBS ETF during the second quarter worth about $26,000. Howe & Rusling Inc. increased its holdings in shares of iShares MBS ETF by 184.0% during the 3rd quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock worth $27,000 after buying an additional 184 shares during the last quarter. Tsfg LLC raised its position in shares of iShares MBS ETF by 106.8% during the 2nd quarter. Tsfg LLC now owns 335 shares of the company’s stock valued at $31,000 after buying an additional 173 shares during the period. Westfuller Advisors LLC acquired a new position in iShares MBS ETF in the third quarter valued at approximately $33,000. Finally, Evolution Wealth Management Inc. purchased a new position in iShares MBS ETF in the second quarter worth approximately $39,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

MBB stock opened at $96.35 on Friday. iShares MBS ETF has a 52-week low of $90.84 and a 52-week high of $96.55. The business has a fifty day moving average of $95.57 and a two-hundred day moving average of $95.20.

iShares MBS ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a $0.3347 dividend. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.33. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.2%.

iShares MBS ETF Company 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).