iShares MBS ETF $MBB Stake Raised by Park Avenue Securities LLC

Park Avenue Securities LLC increased its holdings in iShares MBS ETF (NASDAQ:MBB) by 1.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,353,322 shares of the company’s stock after buying an additional 25,480 shares during the quarter. iShares MBS ETF comprises 1.0% of Park Avenue Securities LLC’s portfolio, making the stock its 18th largest holding. Park Avenue Securities LLC owned about 0.31% of iShares MBS ETF worth $128,769,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in MBB. FSC Wealth Advisors LLC grew its stake in shares of iShares MBS ETF by 1.3% in the second quarter. FSC Wealth Advisors LLC now owns 8,559 shares of the company’s stock worth $804,000 after purchasing an additional 107 shares in the last quarter. Creekmur Asset Management LLC lifted its holdings in iShares MBS ETF by 21.5% in the second quarter. Creekmur Asset Management LLC now owns 621 shares of the company’s stock worth $58,000 after purchasing an additional 110 shares during the period. OMNI 360 Wealth Inc. lifted its holdings in iShares MBS ETF by 2.3% in the third quarter. OMNI 360 Wealth Inc. now owns 4,925 shares of the company’s stock worth $469,000 after purchasing an additional 113 shares during the period. International Private Wealth Advisors LLC grew its position in iShares MBS ETF by 2.8% in the 2nd quarter. International Private Wealth Advisors LLC now owns 4,120 shares of the company’s stock valued at $387,000 after buying an additional 114 shares in the last quarter. Finally, Midwest Heritage Bank FSB increased its stake in iShares MBS ETF by 4.0% during the 2nd quarter. Midwest Heritage Bank FSB now owns 2,982 shares of the company’s stock valued at $280,000 after buying an additional 116 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

MBB stock opened at $95.30 on Wednesday. The firm’s 50-day moving average is $95.31 and its two-hundred day moving average is $94.64. iShares MBS ETF has a 52 week low of $90.28 and a 52 week high of $96.25.

iShares MBS ETF Cuts Dividend

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

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).