Strategic Wealth Partners Ltd. Raises Stake in iShares MBS ETF (NASDAQ:MBB)

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Strategic Wealth Partners Ltd. boosted its position in iShares MBS ETF (NASDAQ:MBBGet Rating) by 8.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 88,421 shares of the company’s stock after buying an additional 6,520 shares during the period. iShares MBS ETF makes up approximately 1.8% of Strategic Wealth Partners Ltd.’s investment portfolio, making the stock its 11th largest holding. Strategic Wealth Partners Ltd.’s holdings in iShares MBS ETF were worth $9,007,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in MBB. Camden Capital LLC purchased a new stake in shares of iShares MBS ETF in the fourth quarter worth about $223,000. Lindenwold Advisors boosted its position in iShares MBS ETF by 10.2% in the 1st quarter. Lindenwold Advisors now owns 19,909 shares of the company’s stock worth $2,028,000 after purchasing an additional 1,837 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in iShares MBS ETF by 55.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 192,350 shares of the company’s stock worth $19,515,000 after buying an additional 68,425 shares in the last quarter. Security Financial Services INC. purchased a new stake in iShares MBS ETF during the fourth quarter worth $708,000. Finally, Bank of New York Mellon Corp boosted its holdings in iShares MBS ETF by 0.5% during the first quarter. Bank of New York Mellon Corp now owns 862,659 shares of the company’s stock worth $87,879,000 after buying an additional 3,922 shares in the last quarter.

iShares MBS ETF Price Performance

MBB stock opened at $94.60 on Wednesday. The company’s 50-day simple moving average is $97.91 and its 200-day simple moving average is $98.86. iShares MBS ETF has a 52-week low of $94.32 and a 52-week high of $108.72.

iShares MBS ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, September 8th. Shareholders of record on Friday, September 2nd were given a dividend of $0.197 per share. The ex-dividend date of this dividend was Thursday, September 1st. This represents a $2.36 dividend on an annualized basis and a yield of 2.50%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.18.

iShares MBS ETF Company Profile

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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).

Further Reading

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