Elevation Point Wealth Partners LLC Acquires 60,794 Shares of iShares MBS ETF $MBB

Elevation Point Wealth Partners LLC boosted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 153.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 100,537 shares of the company’s stock after buying an additional 60,794 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in iShares MBS ETF were worth $9,546,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MBB. Bank of America Corp DE lifted its holdings in iShares MBS ETF by 11.8% in the third quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock valued at $6,840,878,000 after buying an additional 7,566,099 shares during the period. Barclays PLC boosted its holdings in iShares MBS ETF by 77.1% in the third quarter. Barclays PLC now owns 7,632,784 shares of the company’s stock worth $726,259,000 after acquiring an additional 3,322,737 shares in the last quarter. Bank of Montreal Can lifted its holdings in shares of iShares MBS ETF by 102.6% in the 4th quarter. Bank of Montreal Can now owns 2,883,524 shares of the company’s stock worth $274,569,000 after purchasing an additional 1,460,545 shares in the last quarter. LPL Financial LLC grew its holdings in shares of iShares MBS ETF by 4.1% during the fourth quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock valued at $2,656,940,000 after buying an additional 1,104,895 shares during the last quarter. Finally, Renaissancere Holdings Ltd. boosted its stake in iShares MBS ETF by 34.9% during the 3rd quarter. Renaissancere Holdings Ltd. now owns 3,852,431 shares of the company’s stock valued at $366,559,000 after purchasing an additional 997,000 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.1%

Shares of MBB stock opened at $94.13 on Friday. iShares MBS ETF has a one year low of $92.40 and a one year high of $96.96. The firm has a 50-day moving average of $94.39 and a 200-day moving average of $95.07.

iShares MBS ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be given a $0.3373 dividend. The ex-dividend date of this dividend is Wednesday, July 1st.

About iShares MBS ETF

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).