Elevation Point Wealth Partners LLC Increases Stock Holdings in iShares MBS ETF $MBB

Elevation Point Wealth Partners LLC boosted its stake in iShares MBS ETF (NASDAQ:MBB) by 35.6% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 32,993 shares of the company’s stock after acquiring an additional 8,660 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in iShares MBS ETF were worth $3,139,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Delos Wealth Advisors LLC purchased a new position in iShares MBS ETF during the second quarter valued at $26,000. Howe & Rusling Inc. increased its stake in shares of iShares MBS ETF by 184.0% during the third quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock worth $27,000 after purchasing an additional 184 shares in the last quarter. Westfuller Advisors LLC acquired a new position in shares of iShares MBS ETF during the 3rd quarter worth about $33,000. Wealth Watch Advisors INC acquired a new position in shares of iShares MBS ETF during the 3rd quarter worth about $35,000. Finally, Evolution Wealth Management Inc. purchased a new position in iShares MBS ETF in the 2nd quarter valued at about $39,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.0%

MBB stock opened at $94.90 on Friday. iShares MBS ETF has a 12-month low of $90.84 and a 12-month high of $96.96. The business’s 50-day moving average is $95.77 and its 200 day moving average is $95.44.

iShares MBS ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a $0.3278 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, March 2nd.

iShares MBS ETF 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).