Triad Wealth Partners LLC Boosts Stock Position in iShares MBS ETF $MBB

Triad Wealth Partners LLC increased its stake in iShares MBS ETF (NASDAQ:MBB) by 27.2% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 107,237 shares of the company’s stock after buying an additional 22,907 shares during the period. iShares MBS ETF accounts for about 2.0% of Triad Wealth Partners LLC’s holdings, making the stock its 13th largest holding. Triad Wealth Partners LLC’s holdings in iShares MBS ETF were worth $10,068,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. LPL Financial LLC grew its stake in shares of iShares MBS ETF by 11.0% in the 1st quarter. LPL Financial LLC now owns 24,262,602 shares of the company’s stock worth $2,275,347,000 after buying an additional 2,404,586 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in iShares MBS ETF by 0.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,939,526 shares of the company’s stock valued at $275,669,000 after purchasing an additional 8,399 shares during the last quarter. Renaissancere Holdings Ltd. purchased a new stake in iShares MBS ETF during the 1st quarter valued at $267,782,000. Cetera Investment Advisers boosted its stake in iShares MBS ETF by 17.5% during the 1st quarter. Cetera Investment Advisers now owns 1,863,533 shares of the company’s stock valued at $174,762,000 after purchasing an additional 277,926 shares during the last quarter. Finally, Midland Wealth Advisors LLC boosted its stake in iShares MBS ETF by 36.7% during the 1st quarter. Midland Wealth Advisors LLC now owns 1,825,317 shares of the company’s stock valued at $171,178,000 after purchasing an additional 490,393 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.1%

Shares of MBB opened at $95.24 on Friday. The business’s fifty day simple moving average is $94.33 and its two-hundred day simple moving average is $93.32. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $95.97.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be paid a dividend of $0.3363 per share. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date is Wednesday, 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).