iShares MBS ETF $MBB is Midland Wealth Advisors LLC’s 3rd Largest Position

Midland Wealth Advisors LLC boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 1.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,857,285 shares of the company’s stock after buying an additional 31,968 shares during the period. iShares MBS ETF makes up about 9.6% of Midland Wealth Advisors LLC’s holdings, making the stock its 3rd biggest position. Midland Wealth Advisors LLC owned approximately 0.43% of iShares MBS ETF worth $174,380,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its position in shares of iShares MBS ETF by 0.6% in the second quarter. Envestnet Asset Management Inc. now owns 26,767,449 shares of the company’s stock worth $2,513,079,000 after purchasing an additional 153,806 shares in the last quarter. LPL Financial LLC lifted its position in 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 in the last quarter. TIAA Trust National Association increased its stake in shares of iShares MBS ETF by 349.3% in the second quarter. TIAA Trust National Association now owns 23,964,909 shares of the company’s stock worth $2,245,510,000 after acquiring an additional 18,631,536 shares during the last quarter. Allworth Financial LP raised its holdings in shares of iShares MBS ETF by 1.6% during the second quarter. Allworth Financial LP now owns 3,101,316 shares of the company’s stock worth $291,183,000 after acquiring an additional 50,059 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in iShares MBS ETF by 0.3% during the first 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. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.1%

Shares of MBB stock opened at $95.40 on Monday. iShares MBS ETF has a fifty-two week low of $90.28 and a fifty-two week high of $96.25. The stock’s 50-day moving average is $95.30 and its two-hundred day moving average is $93.80.

iShares MBS ETF Increases Dividend

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

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).