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

Trek Financial LLC boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 15.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 130,199 shares of the company’s stock after purchasing an additional 17,750 shares during the quarter. Trek Financial LLC’s holdings in iShares MBS ETF were worth $12,388,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in MBB. TIAA Trust National Association boosted its position in shares of iShares MBS ETF by 349.3% in the second quarter. TIAA Trust National Association now owns 23,964,909 shares of the company’s stock valued at $2,245,510,000 after acquiring an additional 18,631,536 shares during the period. Bank of America Corp DE increased its holdings in shares of iShares MBS ETF by 2.9% during the 2nd quarter. Bank of America Corp DE now owns 64,329,626 shares of the company’s stock worth $6,039,909,000 after purchasing an additional 1,796,449 shares during the period. Prudential Financial Inc. raised its position in shares of iShares MBS ETF by 10,569.3% during the second quarter. Prudential Financial Inc. now owns 1,463,719 shares of the company’s stock valued at $137,429,000 after buying an additional 1,450,000 shares during the last quarter. Annex Advisory Services LLC bought a new stake in shares of iShares MBS ETF in the third quarter valued at about $81,869,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in iShares MBS ETF by 82.0% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,373,804 shares of the company’s stock worth $128,986,000 after buying an additional 619,114 shares in the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Up 0.2%

iShares MBS ETF stock traded up $0.19 during trading hours on Friday, hitting $95.55. The stock had a trading volume of 2,242,842 shares, compared to its average volume of 3,917,583. The company has a 50-day moving average of $95.36 and a two-hundred day moving average of $94.81. iShares MBS ETF has a fifty-two week low of $90.84 and a fifty-two week high of $96.25.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid 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).