Triad Wealth Partners LLC Grows Stock Position in iShares MBS ETF $MBB

Triad Wealth Partners LLC increased its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 42.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 214,833 shares of the company’s stock after purchasing an additional 63,834 shares during the quarter. iShares MBS ETF accounts for approximately 1.6% of Triad Wealth Partners LLC’s holdings, making the stock its 11th biggest position. Triad Wealth Partners LLC owned approximately 0.05% of iShares MBS ETF worth $20,398,000 at the end of the most recent reporting period.

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

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $94.48 on Friday. iShares MBS ETF has a 52 week low of $92.40 and a 52 week high of $96.96. The company has a 50-day moving average price of $94.52 and a 200 day moving average price of $95.11.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a dividend of $0.3334 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, June 1st.

About iShares MBS ETF

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).