Bernardo Wealth Planning LLC Has $10.09 Million Position in iShares MBS ETF $MBB

Bernardo Wealth Planning LLC increased its position in shares of iShares MBS ETF (NASDAQ:MBB) by 2.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 107,485 shares of the company’s stock after acquiring an additional 2,132 shares during the period. iShares MBS ETF comprises 2.2% of Bernardo Wealth Planning LLC’s holdings, making the stock its 14th largest holding. Bernardo Wealth Planning LLC’s holdings in iShares MBS ETF were worth $10,092,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. TIAA Trust National Association lifted its stake 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 worth $2,245,510,000 after purchasing an additional 18,631,536 shares during the last quarter. Renaissancere Holdings Ltd. acquired a new position in shares of iShares MBS ETF during the 1st quarter worth $267,782,000. Prudential Financial Inc. raised its holdings in shares of iShares MBS ETF by 10,569.3% during the 2nd quarter. Prudential Financial Inc. now owns 1,463,719 shares of the company’s stock worth $137,429,000 after buying an additional 1,450,000 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of iShares MBS ETF during the 1st quarter worth $98,713,000. Finally, Jane Street Group LLC boosted its stake in iShares MBS ETF by 2,142.6% in the first quarter. Jane Street Group LLC now owns 949,675 shares of the company’s stock valued at $89,061,000 after buying an additional 907,328 shares in the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Down 0.2%

iShares MBS ETF stock opened at $95.75 on Friday. iShares MBS ETF has a 12-month low of $90.28 and a 12-month high of $96.25. The business’s 50-day moving average price is $95.43 and its two-hundred day moving average price is $94.06.

iShares MBS ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were issued a dividend of $0.342 per share. 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. This represents a c) annualized dividend and a dividend yield of 4.3%.

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).