Wealth Alliance LLC Acquires 2,657 Shares of iShares MBS ETF $MBB

Wealth Alliance LLC grew its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 5.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,315 shares of the company’s stock after acquiring an additional 2,657 shares during the period. iShares MBS ETF comprises approximately 0.6% of Wealth Alliance LLC’s holdings, making the stock its 29th largest position. Wealth Alliance LLC’s holdings in iShares MBS ETF were worth $5,100,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. LRI Investments LLC purchased a new position in iShares MBS ETF during the second quarter valued at approximately $30,000. Headlands Technologies LLC bought a new stake in shares of iShares MBS ETF during the 1st quarter valued at $31,000. Tsfg LLC lifted its stake in shares of iShares MBS ETF by 106.8% during the 2nd quarter. Tsfg LLC now owns 335 shares of the company’s stock valued at $31,000 after buying an additional 173 shares in the last quarter. Flaharty Asset Management LLC bought a new position in iShares MBS ETF in the 1st quarter worth $34,000. Finally, MassMutual Private Wealth & Trust FSB increased its stake in iShares MBS ETF by 317.2% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock worth $36,000 after buying an additional 295 shares in the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

NASDAQ:MBB opened at $95.65 on Wednesday. The business’s 50-day simple moving average is $95.35 and its two-hundred day simple moving average is $93.83. iShares MBS ETF has a 52 week low of $90.28 and a 52 week high of $96.25.

iShares MBS ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were issued a $0.342 dividend. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 4.3%. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.34.

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).