TrueWealth Financial Partners Takes $728,000 Position in iShares MBS ETF $MBB

TrueWealth Financial Partners acquired a new stake in iShares MBS ETF (NASDAQ:MBB) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 7,642 shares of the company’s stock, valued at approximately $728,000.

Other institutional investors also recently made changes to their positions in the company. Dynasty Wealth Management LLC raised its holdings in iShares MBS ETF by 10.8% during the 3rd quarter. Dynasty Wealth Management LLC now owns 1,649,146 shares of the company’s stock valued at $156,916,000 after buying an additional 160,926 shares during the last quarter. Dakota Wealth Management raised its holdings in iShares MBS ETF by 20.9% during the 3rd quarter. Dakota Wealth Management now owns 363,649 shares of the company’s stock valued at $34,601,000 after buying an additional 62,909 shares during the last quarter. Avidian Wealth Enterprises LLC raised its holdings in iShares MBS ETF by 3.4% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 709,399 shares of the company’s stock valued at $67,499,000 after buying an additional 23,459 shares during the last quarter. Brookstone Capital Management raised its holdings in iShares MBS ETF by 3.2% during the 4th quarter. Brookstone Capital Management now owns 308,428 shares of the company’s stock valued at $29,368,000 after buying an additional 9,547 shares during the last quarter. Finally, Argent Trust Co raised its holdings in iShares MBS ETF by 233.6% during the 3rd quarter. Argent Trust Co now owns 9,790 shares of the company’s stock valued at $932,000 after buying an additional 6,855 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.1%

NASDAQ:MBB opened at $94.35 on Thursday. The company has a fifty day moving average of $94.99 and a 200 day moving average of $95.36. iShares MBS ETF has a 52 week low of $91.19 and a 52 week high of $96.96.

iShares MBS ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were issued a dividend of $0.3346 per share. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Friday, May 1st.

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).