Steward Partners Investment Advisory LLC Increases Stock Position in iShares MBS ETF $MBB

Steward Partners Investment Advisory LLC increased its holdings in iShares MBS ETF (NASDAQ:MBB) by 10.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 72,930 shares of the company’s stock after buying an additional 6,868 shares during the period. Steward Partners Investment Advisory LLC’s holdings in iShares MBS ETF were worth $6,847,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of MBB. LRI Investments LLC purchased a new stake in shares of iShares MBS ETF during the second quarter worth $30,000. Headlands Technologies LLC bought a new stake in shares of iShares MBS ETF during the 1st quarter valued at $31,000. Tsfg LLC raised its stake in shares of iShares MBS ETF by 106.8% during the 2nd quarter. Tsfg LLC now owns 335 shares of the company’s stock valued at $31,000 after purchasing an additional 173 shares during the period. Flaharty Asset Management LLC purchased a new stake in iShares MBS ETF during the 1st quarter worth about $34,000. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in iShares MBS ETF by 317.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock worth $36,000 after purchasing an additional 295 shares in the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $95.98 on Thursday. iShares MBS ETF has a 52 week low of $90.28 and a 52 week high of $96.25. The business has a 50-day simple moving average of $95.40 and a two-hundred day simple moving average of $94.00.

iShares MBS ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were given a $0.342 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.34. The ex-dividend date was Monday, November 3rd.

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).