Dynasty Wealth Management LLC Acquires 160,926 Shares of iShares MBS ETF $MBB

Dynasty Wealth Management LLC grew its holdings in iShares MBS ETF (NASDAQ:MBB) by 10.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,649,146 shares of the company’s stock after purchasing an additional 160,926 shares during the period. iShares MBS ETF comprises approximately 2.1% of Dynasty Wealth Management LLC’s holdings, making the stock its 16th largest holding. Dynasty Wealth Management LLC owned approximately 0.37% of iShares MBS ETF worth $156,916,000 as of its most recent SEC filing.

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

iShares MBS ETF Stock Performance

MBB stock opened at $95.57 on Tuesday. iShares MBS ETF has a 1-year low of $90.84 and a 1-year high of $96.25. The business has a 50-day moving average price of $95.36 and a 200 day moving average price of $94.77.

iShares MBS ETF Cuts Dividend

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

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).