iShares MBS ETF $MBB is Avidian Wealth Enterprises LLC’s 7th Largest Position

Avidian Wealth Enterprises LLC grew its position in iShares MBS ETF (NASDAQ:MBB) by 3.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 709,399 shares of the company’s stock after purchasing an additional 23,459 shares during the quarter. iShares MBS ETF comprises approximately 2.5% of Avidian Wealth Enterprises LLC’s investment portfolio, making the stock its 7th biggest holding. Avidian Wealth Enterprises LLC’s holdings in iShares MBS ETF were worth $67,499,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in MBB. Delos Wealth Advisors LLC acquired a new stake in shares of iShares MBS ETF in the 2nd quarter worth $26,000. LRI Investments LLC purchased a new stake in iShares MBS ETF in the second quarter valued at about $30,000. Tsfg LLC boosted its holdings in iShares MBS ETF by 106.8% in the second quarter. Tsfg LLC now owns 335 shares of the company’s stock worth $31,000 after acquiring an additional 173 shares in the last quarter. Evolution Wealth Management Inc. acquired a new stake in iShares MBS ETF in the second quarter worth about $39,000. Finally, Beacon Capital Management LLC grew its stake in shares of iShares MBS ETF by 35.3% during the second quarter. Beacon Capital Management LLC now owns 460 shares of the company’s stock worth $43,000 after acquiring an additional 120 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Down 0.4%

Shares of iShares MBS ETF stock opened at $95.16 on Wednesday. The company has a 50 day moving average price of $95.35 and a 200 day moving average price of $94.78. iShares MBS ETF has a 52 week low of $90.84 and a 52 week high of $96.25.

iShares MBS ETF Cuts Dividend

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

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).