Bernardo Wealth Planning LLC Has $12.70 Million Stock Holdings in iShares MBS ETF $MBB

Bernardo Wealth Planning LLC lifted its position in iShares MBS ETF (NASDAQ:MBB) by 24.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 133,494 shares of the company’s stock after purchasing an additional 26,009 shares during the quarter. iShares MBS ETF accounts for approximately 2.5% of Bernardo Wealth Planning LLC’s holdings, making the stock its 16th biggest holding. Bernardo Wealth Planning LLC’s holdings in iShares MBS ETF were worth $12,702,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Delos Wealth Advisors LLC acquired a new position in iShares MBS ETF in the second quarter valued at about $26,000. LRI Investments LLC bought a new position in shares of iShares MBS ETF in the second quarter valued at approximately $30,000. Tsfg LLC raised its stake in shares of iShares MBS ETF by 106.8% in the second quarter. Tsfg LLC now owns 335 shares of the company’s stock valued at $31,000 after acquiring an additional 173 shares during the last quarter. Flaharty Asset Management LLC acquired a new position in shares of iShares MBS ETF in the 1st quarter worth approximately $34,000. Finally, MassMutual Private Wealth & Trust FSB grew its position in iShares MBS ETF by 317.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock worth $36,000 after acquiring an additional 295 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Up 0.2%

MBB stock opened at $95.35 on Tuesday. The business has a fifty day moving average price of $95.33 and a 200 day moving average price of $94.62. iShares MBS ETF has a fifty-two week low of $90.28 and a fifty-two week high of $96.25.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a $0.334 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, December 19th.

iShares MBS ETF Company 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).