Trek Financial LLC Has $12.39 Million Stock Holdings in iShares MBS ETF $MBB

Trek Financial LLC boosted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 15.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 130,199 shares of the company’s stock after purchasing an additional 17,750 shares during the period. Trek Financial LLC’s holdings in iShares MBS ETF were worth $12,388,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of MBB. Shelter Mutual Insurance Co lifted its stake in iShares MBS ETF by 1.5% in the third quarter. Shelter Mutual Insurance Co now owns 108,100 shares of the company’s stock valued at $10,286,000 after acquiring an additional 1,630 shares during the last quarter. Latitude Advisors LLC raised its holdings in shares of iShares MBS ETF by 8.8% during the 3rd quarter. Latitude Advisors LLC now owns 7,051 shares of the company’s stock valued at $671,000 after purchasing an additional 569 shares in the last quarter. Coordinated Financial Services Inc. lifted its stake in shares of iShares MBS ETF by 0.6% in the 3rd quarter. Coordinated Financial Services Inc. now owns 19,481 shares of the company’s stock valued at $1,854,000 after purchasing an additional 118 shares during the last quarter. Birch Financial Group LLC boosted its holdings in iShares MBS ETF by 13.5% in the third quarter. Birch Financial Group LLC now owns 9,694 shares of the company’s stock worth $922,000 after purchasing an additional 1,150 shares in the last quarter. Finally, Westfuller Advisors LLC acquired a new position in iShares MBS ETF during the third quarter worth $33,000. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

NASDAQ MBB traded up $0.19 during trading on Friday, hitting $95.55. 2,242,842 shares of the company traded hands, compared to its average volume of 3,917,583. The business has a fifty day simple moving average of $95.36 and a 200 day simple moving average of $94.81. iShares MBS ETF has a 12 month low of $90.84 and a 12 month high of $96.25.

iShares MBS ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a dividend of $0.334 per share. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date was Friday, December 19th.

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).