Beacon Bridge Wealth Partners LLC Has $11.21 Million Holdings in iShares MBS ETF $MBB

Beacon Bridge Wealth Partners LLC lifted its position in iShares MBS ETF (NASDAQ:MBB) by 6.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 117,744 shares of the company’s stock after buying an additional 7,104 shares during the quarter. iShares MBS ETF comprises 3.7% of Beacon Bridge Wealth Partners LLC’s investment portfolio, making the stock its 7th largest holding. Beacon Bridge Wealth Partners LLC’s holdings in iShares MBS ETF were worth $11,212,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in MBB. Bank of America Corp DE lifted its holdings in iShares MBS ETF by 11.8% in the 3rd quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock worth $6,840,878,000 after purchasing an additional 7,566,099 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares MBS ETF by 2.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock worth $4,917,131,000 after purchasing an additional 1,182,620 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in iShares MBS ETF by 2.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 27,494,519 shares of the company’s stock worth $2,616,104,000 after purchasing an additional 727,070 shares during the last quarter. TIAA Trust National Association lifted its holdings in iShares MBS ETF by 5.8% in the 3rd quarter. TIAA Trust National Association now owns 25,364,396 shares of the company’s stock worth $2,413,954,000 after purchasing an additional 1,399,487 shares during the last quarter. Finally, Fisher Asset Management LLC lifted its holdings in iShares MBS ETF by 5.7% in the 3rd quarter. Fisher Asset Management LLC now owns 22,503,900 shares of the company’s stock worth $2,141,246,000 after purchasing an additional 1,206,273 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB opened at $95.55 on Monday. The business has a 50 day moving average price of $95.45 and a 200 day moving average price of $95.44. iShares MBS ETF has a twelve month low of $91.19 and a twelve month high of $96.96.

iShares MBS ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were given a $0.3329 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33. The ex-dividend date was Wednesday, April 1st.

iShares MBS ETF 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).