FLP Wealth Management LLC Has $843,000 Holdings in iShares MBS ETF $MBB

FLP Wealth Management LLC raised its position in shares of iShares MBS ETF (NASDAQ:MBB) by 236.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,855 shares of the company’s stock after buying an additional 6,220 shares during the quarter. iShares MBS ETF accounts for 0.8% of FLP Wealth Management LLC’s portfolio, making the stock its 18th largest position. FLP Wealth Management LLC’s holdings in iShares MBS ETF were worth $843,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Delos Wealth Advisors LLC purchased a new position in iShares MBS ETF during the 2nd quarter worth approximately $26,000. Howe & Rusling Inc. lifted its holdings in shares of iShares MBS ETF by 184.0% in the third quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock valued at $27,000 after purchasing an additional 184 shares in the last quarter. Westfuller Advisors LLC purchased a new stake in shares of iShares MBS ETF in the third quarter valued at $33,000. Wealth Watch Advisors INC acquired a new stake in shares of iShares MBS ETF in the third quarter worth $35,000. Finally, Aventura Private Wealth LLC acquired a new stake in shares of iShares MBS ETF in the fourth quarter worth $35,000. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

Shares of MBB stock opened at $94.86 on Friday. iShares MBS ETF has a 1-year low of $90.84 and a 1-year high of $96.96. The stock’s fifty day simple moving average is $95.53 and its 200-day simple moving average is $95.43.

iShares MBS ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st will be paid a dividend of $0.3329 per share. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.33. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a c) annualized dividend and a yield of 4.2%.

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). 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).