iShares MBS ETF $MBB Shares Bought by SteelPeak Wealth LLC

SteelPeak Wealth LLC grew its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 520.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 192,869 shares of the company’s stock after purchasing an additional 161,788 shares during the period. SteelPeak Wealth LLC’s holdings in iShares MBS ETF were worth $17,285,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. IFP Advisors Inc raised its stake in shares of iShares MBS ETF by 3.6% during the third quarter. IFP Advisors Inc now owns 23,534 shares of the company’s stock valued at $2,109,000 after purchasing an additional 811 shares in the last quarter. ShoreHaven Wealth Partners LLC acquired a new stake in iShares MBS ETF in the third quarter worth about $2,182,000. Robertson Stephens Wealth Management LLC grew its position in iShares MBS ETF by 31.4% in the 3rd quarter. Robertson Stephens Wealth Management LLC now owns 3,055 shares of the company’s stock valued at $274,000 after buying an additional 730 shares in the last quarter. McKinley Carter Wealth Services Inc. bought a new position in iShares MBS ETF in the 3rd quarter valued at about $18,493,000. Finally, Snider Financial Group grew its position in iShares MBS ETF by 5.7% in the 3rd quarter. Snider Financial Group now owns 21,463 shares of the company’s stock valued at $1,923,000 after buying an additional 1,162 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Price Performance

iShares MBS ETF stock opened at $90.52 on Friday. The company’s 50-day moving average price is $91.58 and its two-hundred day moving average price is $93.32. iShares MBS ETF has a 52 week low of $88.58 and a 52 week high of $96.96.

iShares MBS ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.3662 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $4.39 dividend on an annualized basis and a dividend yield of 4.9%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.3388.

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).