iShares MBS ETF (NASDAQ:MBB) Stock Position Decreased by Beacon Bridge Wealth Partners LLC

Beacon Bridge Wealth Partners LLC lowered its position in iShares MBS ETF (NASDAQ:MBB) by 1.2% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 117,568 shares of the company’s stock after selling 1,459 shares during the period. iShares MBS ETF accounts for approximately 5.0% of Beacon Bridge Wealth Partners LLC’s portfolio, making the stock its 3rd biggest holding. Beacon Bridge Wealth Partners LLC’s holdings in iShares MBS ETF were worth $10,794,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MBB. Jane Street Group LLC lifted its position in iShares MBS ETF by 542.0% during the first quarter. Jane Street Group LLC now owns 8,429,084 shares of the company’s stock worth $779,016,000 after buying an additional 7,116,171 shares in the last quarter. Dynasty Wealth Management LLC acquired a new position in iShares MBS ETF in the 1st quarter valued at about $158,046,000. Midland Wealth Advisors LLC acquired a new stake in shares of iShares MBS ETF during the 4th quarter worth approximately $151,461,000. Quotient Wealth Partners LLC acquired a new position in iShares MBS ETF in the fourth quarter valued at approximately $138,573,000. Finally, State of Michigan Retirement System grew its position in iShares MBS ETF by 189.5% in the first quarter. State of Michigan Retirement System now owns 1,565,800 shares of the company’s stock worth $144,711,000 after acquiring an additional 1,025,000 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.1 %

Shares of iShares MBS ETF stock opened at $95.34 on Wednesday. The business’s fifty day simple moving average is $93.70 and its 200-day simple moving average is $92.21. iShares MBS ETF has a 52 week low of $85.28 and a 52 week high of $95.85.

iShares MBS ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, September 6th. Investors of record on Tuesday, September 3rd will be given a dividend of $0.3177 per share. The ex-dividend date of this dividend is Tuesday, September 3rd.

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).