ASL Financial LLC Takes $977,000 Position in iShares MBS ETF $MBB

ASL Financial LLC acquired a new position in shares of iShares MBS ETF (NASDAQ:MBB) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 10,260 shares of the company’s stock, valued at approximately $977,000. iShares MBS ETF comprises about 0.8% of ASL Financial LLC’s portfolio, making the stock its 25th biggest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Security Financial Services INC. lifted its position in iShares MBS ETF by 5.9% in the 3rd quarter. Security Financial Services INC. now owns 121,000 shares of the company’s stock worth $11,513,000 after buying an additional 6,789 shares during the last quarter. Dynasty Wealth Management LLC boosted its stake in iShares MBS ETF by 10.8% in the third quarter. Dynasty Wealth Management LLC now owns 1,649,146 shares of the company’s stock worth $156,916,000 after buying an additional 160,926 shares in the last quarter. Dakota Wealth Management grew its position in iShares MBS ETF by 20.9% during the third quarter. Dakota Wealth Management now owns 363,649 shares of the company’s stock valued at $34,601,000 after acquiring an additional 62,909 shares during the last quarter. Avidian Wealth Enterprises LLC raised its stake in shares of iShares MBS ETF by 3.4% during the third quarter. Avidian Wealth Enterprises LLC now owns 709,399 shares of the company’s stock worth $67,499,000 after acquiring an additional 23,459 shares in the last quarter. Finally, CW Advisors LLC raised its stake in shares of iShares MBS ETF by 29.5% during the second quarter. CW Advisors LLC now owns 67,938 shares of the company’s stock worth $6,379,000 after acquiring an additional 15,495 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

Shares of MBB opened at $94.86 on Friday. iShares MBS ETF has a fifty-two week low of $90.84 and a fifty-two week high of $96.96. The firm has a 50 day moving average price of $95.55 and a 200-day moving average price of $95.44.

iShares MBS ETF Increases Dividend

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

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).