SteelPeak Wealth LLC Raises Position in iShares MBS ETF $MBB

SteelPeak Wealth LLC boosted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 3.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 169,226 shares of the company’s stock after buying an additional 5,955 shares during the period. SteelPeak Wealth LLC’s holdings in iShares MBS ETF were worth $16,102,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Delos Wealth Advisors LLC acquired a new position in iShares MBS ETF in the 2nd quarter valued at $26,000. LRI Investments LLC acquired a new stake in shares of iShares MBS ETF in the second quarter valued at about $30,000. Tsfg LLC lifted its stake in shares of iShares MBS ETF by 106.8% in the second quarter. Tsfg LLC now owns 335 shares of the company’s stock worth $31,000 after buying an additional 173 shares in the last quarter. Flaharty Asset Management LLC purchased a new position in shares of iShares MBS ETF in the first quarter worth about $34,000. Finally, MassMutual Private Wealth & Trust FSB boosted its position in iShares MBS ETF by 317.2% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock worth $36,000 after acquiring an additional 295 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Trading Down 0.2%

MBB stock opened at $95.22 on Friday. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $96.25. The firm has a 50-day moving average of $95.36 and a two-hundred day moving average of $94.56.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a dividend of $0.334 per share. The ex-dividend date was Friday, December 19th. This represents a c) dividend on an annualized basis 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).