Traveka Wealth LLC Increases Stake in iShares MBS ETF $MBB

Traveka Wealth LLC lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 131.6% during the 1st quarter, Holdings Channel.com reports. The firm owned 48,799 shares of the company’s stock after buying an additional 27,726 shares during the quarter. iShares MBS ETF accounts for about 1.8% of Traveka Wealth LLC’s investment portfolio, making the stock its 16th largest holding. Traveka Wealth LLC’s holdings in iShares MBS ETF were worth $4,633,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. ESL Trust Services LLC bought a new stake in iShares MBS ETF in the fourth quarter worth $28,000. Brown Lisle Cummings Inc. bought a new position in shares of iShares MBS ETF during the first quarter valued at about $28,000. First Community Trust NA bought a new position in shares of iShares MBS ETF during the first quarter valued at about $32,000. Nemes Rush Group LLC increased its holdings in shares of iShares MBS ETF by 132.9% in the fourth quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock worth $34,000 after buying an additional 206 shares during the period. Finally, Aventura Private Wealth LLC purchased a new position in shares of iShares MBS ETF in the fourth quarter worth about $35,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $94.93 on Friday. iShares MBS ETF has a 1-year low of $92.40 and a 1-year high of $96.96. The stock has a 50-day moving average of $94.47 and a 200-day moving average of $95.09.

iShares MBS ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a $0.3334 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Monday, June 1st.

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).