Alteri Wealth LLC Buys 712 Shares of iShares MBS ETF $MBB

Alteri Wealth LLC grew its position in shares of iShares MBS ETF (NASDAQ:MBB) by 4.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,555 shares of the company’s stock after purchasing an additional 712 shares during the quarter. Alteri Wealth LLC’s holdings in iShares MBS ETF were worth $1,554,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its position in shares of iShares MBS ETF by 0.6% during the second quarter. Envestnet Asset Management Inc. now owns 26,767,449 shares of the company’s stock worth $2,513,079,000 after buying an additional 153,806 shares during the period. LPL Financial LLC boosted its position in iShares MBS ETF by 11.0% during the first quarter. LPL Financial LLC now owns 24,262,602 shares of the company’s stock valued at $2,275,347,000 after acquiring an additional 2,404,586 shares during the last quarter. TIAA Trust National Association boosted its position in iShares MBS ETF by 349.3% during the second quarter. TIAA Trust National Association now owns 23,964,909 shares of the company’s stock valued at $2,245,510,000 after acquiring an additional 18,631,536 shares during the last quarter. Allworth Financial LP grew its holdings in iShares MBS ETF by 1.6% during the 2nd 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 during the period. Finally, PNC Financial Services Group Inc. raised its position in shares of iShares MBS ETF by 0.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,939,526 shares of the company’s stock worth $275,669,000 after acquiring an additional 8,399 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $95.06 on Wednesday. iShares MBS ETF has a 1 year low of $90.28 and a 1 year high of $96.25. The business’s 50-day moving average is $95.40 and its 200-day moving average is $93.89.

iShares MBS ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were paid a $0.342 dividend. This represents a c) annualized dividend and a yield of 4.3%. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.34. The ex-dividend date of this dividend was Monday, November 3rd.

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).