218,001 iShares MBS ETF $MBB Shares Bought by Market Street Wealth Management Advisors LLC

Market Street Wealth Management Advisors LLC grew its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 7,313.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 220,982 shares of the company’s stock after purchasing an additional 218,001 shares during the period. iShares MBS ETF makes up approximately 2.8% of Market Street Wealth Management Advisors LLC’s investment portfolio, making the stock its 12th largest holding. Market Street Wealth Management Advisors LLC owned 0.06% of iShares MBS ETF worth $19,804,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of MBB. Monument Capital Management raised its position in shares of iShares MBS ETF by 8.1% during the 3rd quarter. Monument Capital Management now owns 56,820 shares of the company’s stock worth $5,092,000 after buying an additional 4,240 shares in the last quarter. Acropolis Investment Management LLC bought a new position in shares of iShares MBS ETF in the third quarter valued at approximately $989,000. Galvin Gaustad & Stein LLC bought a new stake in iShares MBS ETF during the third quarter worth approximately $17,144,000. Invariant Investment Management bought a new stake in iShares MBS ETF during the third quarter worth approximately $1,829,000. Finally, Apella Capital LLC acquired a new stake in iShares MBS ETF in the third quarter worth approximately $312,000. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Up 0.6%

Shares of NASDAQ MBB opened at $89.73 on Friday. The stock has a fifty day moving average price of $91.94 and a two-hundred day moving average price of $93.49. iShares MBS ETF has a 1 year low of $88.58 and a 1 year high of $96.96.

iShares MBS ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a $0.3662 dividend. This represents a $4.39 annualized dividend and a dividend yield of 4.9%. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.3388. The ex-dividend date was Thursday, October 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).