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

Avidian Wealth Enterprises LLC boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 3.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 709,399 shares of the company’s stock after acquiring an additional 23,459 shares during the period. iShares MBS ETF comprises about 2.5% of Avidian Wealth Enterprises LLC’s portfolio, making the stock its 7th largest position. Avidian Wealth Enterprises LLC owned approximately 0.16% of iShares MBS ETF worth $67,499,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. Brighton Jones LLC bought a new position in shares of iShares MBS ETF during the fourth quarter valued at approximately $273,000. AQR Capital Management LLC raised its stake in iShares MBS ETF by 11.4% in the first quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock worth $950,000 after buying an additional 1,034 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in iShares MBS ETF by 13.0% during the first quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock worth $35,521,000 after buying an additional 43,527 shares during the period. Sowell Financial Services LLC boosted its position in iShares MBS ETF by 35.2% during the 2nd quarter. Sowell Financial Services LLC now owns 8,678 shares of the company’s stock valued at $815,000 after acquiring an additional 2,260 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC increased its holdings in shares of iShares MBS ETF by 30.0% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 7,444 shares of the company’s stock valued at $699,000 after acquiring an additional 1,720 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

MBB opened at $95.16 on Wednesday. iShares MBS ETF has a 12 month low of $90.84 and a 12 month high of $96.25. The stock has a fifty day moving average price of $95.35 and a 200-day moving average price of $94.78.

iShares MBS ETF Cuts Dividend

The company also recently announced 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 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).