Kingswood Wealth Advisors LLC Lowers Holdings in iShares MBS ETF $MBB

Kingswood Wealth Advisors LLC trimmed its position in iShares MBS ETF (NASDAQ:MBB) by 23.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,502 shares of the company’s stock after selling 1,395 shares during the period. Kingswood Wealth Advisors LLC’s holdings in iShares MBS ETF were worth $423,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tyche Wealth Partners LLC purchased a new position in iShares MBS ETF in the 2nd quarter valued at $605,000. Bingham Private Wealth LLC grew its position in iShares MBS ETF by 8.3% in the 2nd quarter. Bingham Private Wealth LLC now owns 19,292 shares of the company’s stock valued at $1,811,000 after buying an additional 1,485 shares during the last quarter. SteelPeak Wealth LLC boosted its position in shares of iShares MBS ETF by 1.1% during the 2nd quarter. SteelPeak Wealth LLC now owns 163,271 shares of the company’s stock worth $15,330,000 after purchasing an additional 1,825 shares in the last quarter. Heck Capital Advisors LLC acquired a new position in shares of iShares MBS ETF during the 2nd quarter worth $6,284,000. Finally, Belpointe Asset Management LLC increased its holdings in shares of iShares MBS ETF by 21.2% in the 2nd quarter. Belpointe Asset Management LLC now owns 58,332 shares of the company’s stock valued at $5,477,000 after purchasing an additional 10,202 shares in the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Up 0.4%

Shares of NASDAQ MBB opened at $95.28 on Friday. iShares MBS ETF has a 52 week low of $90.28 and a 52 week high of $95.97. The firm has a 50-day moving average price of $94.55 and a 200 day moving average price of $93.39.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a $0.3363 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 4.2%.

iShares MBS ETF Profile

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).