Elevated Financial Group LLC reduced its stake in shares of iShares MBS ETF (NASDAQ:MBB – Free Report) by 27.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 61,641 shares of the company’s stock after selling 23,565 shares during the quarter. iShares MBS ETF makes up about 1.5% of Elevated Financial Group LLC’s holdings, making the stock its 15th biggest holding. Elevated Financial Group LLC’s holdings in iShares MBS ETF were worth $5,524,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in MBB. Bangor Savings Bank purchased a new stake in iShares MBS ETF in the third quarter worth about $38,457,000. Envestnet Asset Management Inc. increased its stake in shares of iShares MBS ETF by 6.9% during the second quarter. Envestnet Asset Management Inc. now owns 30,910,875 shares of the company’s stock valued at $2,921,648,000 after purchasing an additional 2,006,656 shares in the last quarter. Rosenberg Matthew Hamilton lifted its holdings in shares of iShares MBS ETF by 748.2% during the third quarter. Rosenberg Matthew Hamilton now owns 19,603 shares of the company’s stock valued at $1,757,000 after purchasing an additional 17,292 shares during the last quarter. Advisory Solutions Group LLC purchased a new position in shares of iShares MBS ETF during the second quarter valued at approximately $2,878,000. Finally, Corient Private Wealth LP lifted its holdings in shares of iShares MBS ETF by 28.3% during the second quarter. Corient Private Wealth LP now owns 786,118 shares of the company’s stock valued at $74,304,000 after purchasing an additional 173,525 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.
iShares MBS ETF Price Performance
Shares of MBB opened at $90.52 on Friday. The business’s 50 day moving average price is $91.58 and its 200-day moving average price is $93.32. iShares MBS ETF has a 52 week low of $88.58 and a 52 week high of $96.96.
iShares MBS ETF Increases Dividend
The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.3662 per share. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.3388. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $4.39 dividend on an annualized basis and a yield of 4.9%.
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). 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).
Read More
- Five stocks we like better than iShares MBS ETF
- Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
Want to see what other hedge funds are holding MBB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MBS ETF (NASDAQ:MBB – Free Report).
Receive News & Ratings for iShares MBS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MBS ETF and related companies with MarketBeat.com's FREE daily email newsletter.
