McNaughton Wealth Management LLC Buys 8,596 Shares of iShares MBS ETF $MBB

McNaughton Wealth Management LLC lifted its position in iShares MBS ETF (NASDAQ:MBB) by 14.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,197 shares of the company’s stock after acquiring an additional 8,596 shares during the period. iShares MBS ETF makes up approximately 2.4% of McNaughton Wealth Management LLC’s holdings, making the stock its 12th biggest holding. McNaughton Wealth Management LLC’s holdings in iShares MBS ETF were worth $6,635,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of MBB. LPL Financial LLC increased its position in shares of iShares MBS ETF by 4.1% in the 4th quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock valued at $2,656,940,000 after buying an additional 1,104,895 shares in the last quarter. TIAA Trust National Association lifted its holdings in iShares MBS ETF by 2.5% during the fourth quarter. TIAA Trust National Association now owns 26,010,786 shares of the company’s stock worth $2,479,899,000 after acquiring an additional 646,390 shares in the last quarter. Morgan Stanley lifted its holdings in iShares MBS ETF by 4.1% during the fourth quarter. Morgan Stanley now owns 9,852,362 shares of the company’s stock worth $938,142,000 after acquiring an additional 383,629 shares in the last quarter. Truist Financial Corp lifted its holdings in iShares MBS ETF by 8.7% during the fourth quarter. Truist Financial Corp now owns 3,937,384 shares of the company’s stock worth $374,918,000 after acquiring an additional 316,717 shares in the last quarter. Finally, Renaissancere Holdings Ltd. grew its stake in iShares MBS ETF by 34.9% in the third quarter. Renaissancere Holdings Ltd. now owns 3,852,431 shares of the company’s stock valued at $366,559,000 after acquiring an additional 997,000 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of iShares MBS ETF stock opened at $93.34 on Thursday. The business has a 50-day moving average of $93.95 and a two-hundred day moving average of $94.75. iShares MBS ETF has a 1 year low of $92.68 and a 1 year high of $96.96.

iShares MBS ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, August 6th. Investors of record on Monday, August 3rd will be given a $0.3413 dividend. The ex-dividend date is Monday, August 3rd. This is a boost from iShares MBS ETF’s previous dividend of $0.34.

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).