Talon Private Wealth LLC Buys Shares of 257,501 iShares MBS ETF $MBB

Talon Private Wealth LLC purchased a new stake in shares of iShares MBS ETF (NASDAQ:MBB) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 257,501 shares of the company’s stock, valued at approximately $24,450,000. iShares MBS ETF makes up about 3.2% of Talon Private Wealth LLC’s investment portfolio, making the stock its 10th biggest position. Talon Private Wealth LLC owned approximately 0.06% of iShares MBS ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. ESL Trust Services LLC bought a new position in iShares MBS ETF in the 4th quarter valued at approximately $28,000. Brown Lisle Cummings Inc. bought a new stake in iShares MBS ETF during the 1st quarter worth approximately $28,000. First Community Trust NA bought a new stake in iShares MBS ETF during the 1st quarter worth approximately $32,000. Nemes Rush Group LLC increased its position in iShares MBS ETF by 132.9% in the 4th quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock valued at $34,000 after acquiring an additional 206 shares during the period. Finally, Wealth Watch Advisors INC acquired a new position in iShares MBS ETF in the 3rd quarter valued at approximately $35,000. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Up 0.3%

MBB stock opened at $93.67 on Wednesday. The company has a fifty day moving average price of $94.06 and a 200-day moving average price of $94.86. iShares MBS ETF has a 52-week low of $92.82 and a 52-week high of $96.96.

iShares MBS ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.3373 dividend. The ex-dividend date of this dividend was Wednesday, July 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).