Wealth Enhancement Advisory Services LLC Has $19.57 Million Stock Position in iShares MBS ETF $MBB

Wealth Enhancement Advisory Services LLC boosted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 7.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 205,752 shares of the company’s stock after purchasing an additional 14,170 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in iShares MBS ETF were worth $19,567,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. CAP Partners LLC raised its stake in shares of iShares MBS ETF by 16.1% during the third quarter. CAP Partners LLC now owns 13,800 shares of the company’s stock worth $1,313,000 after buying an additional 1,909 shares during the last quarter. GatePass Capital LLC grew its holdings in iShares MBS ETF by 7.8% during the 3rd quarter. GatePass Capital LLC now owns 3,339 shares of the company’s stock worth $318,000 after acquiring an additional 243 shares during the period. Smithbridge Asset Management Inc. DE acquired a new stake in iShares MBS ETF during the 3rd quarter worth $601,000. Theory Financial LLC raised its position in shares of iShares MBS ETF by 6.0% during the 3rd quarter. Theory Financial LLC now owns 118,779 shares of the company’s stock valued at $11,398,000 after acquiring an additional 6,730 shares during the last quarter. Finally, Aviance Capital Partners LLC acquired a new position in shares of iShares MBS ETF in the 3rd quarter valued at $335,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

NASDAQ:MBB opened at $95.45 on Thursday. iShares MBS ETF has a 12-month low of $90.84 and a 12-month high of $96.25. The stock’s fifty day simple moving average is $95.35 and its 200-day simple moving average is $94.79.

iShares MBS ETF Cuts Dividend

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

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).