Watershed Private Wealth LLC Boosts Holdings in iShares MBS ETF $MBB

Watershed Private Wealth LLC lifted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 66.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,755 shares of the company’s stock after acquiring an additional 6,297 shares during the period. Watershed Private Wealth LLC’s holdings in iShares MBS ETF were worth $1,499,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of MBB. Delos Wealth Advisors LLC purchased a new position in iShares MBS ETF during the second quarter worth approximately $26,000. LRI Investments LLC purchased a new position in shares of iShares MBS ETF in the 2nd quarter worth $30,000. Tsfg LLC boosted its holdings in iShares MBS ETF by 106.8% in the second quarter. Tsfg LLC now owns 335 shares of the company’s stock valued at $31,000 after acquiring an additional 173 shares during the last quarter. Flaharty Asset Management LLC purchased a new stake in iShares MBS ETF during the first quarter valued at about $34,000. Finally, MassMutual Private Wealth & Trust FSB increased its stake 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 currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 0.2%

NASDAQ MBB opened at $95.22 on Friday. iShares MBS ETF has a 1-year low of $90.28 and a 1-year high of $96.25. The business’s 50-day simple moving average is $95.36 and its 200-day simple moving average is $94.56.

iShares MBS ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a $0.334 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 4.2%.

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).