Watershed Private Wealth LLC Grows Stock Holdings in iShares MBS ETF $MBB

Watershed Private Wealth LLC boosted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 1.5% in the second quarter, HoldingsChannel reports. The fund owned 9,458 shares of the company’s stock after purchasing an additional 137 shares during the quarter. Watershed Private Wealth LLC’s holdings in iShares MBS ETF were worth $888,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. International Private Wealth Advisors LLC increased its position in shares of iShares MBS ETF by 2.8% during the second quarter. International Private Wealth Advisors LLC now owns 4,120 shares of the company’s stock worth $387,000 after purchasing an additional 114 shares in the last quarter. Midwest Heritage Bank FSB increased its position in iShares MBS ETF by 4.0% during the 2nd quarter. Midwest Heritage Bank FSB now owns 2,982 shares of the company’s stock valued at $280,000 after buying an additional 116 shares in the last quarter. Legacy Capital Group California Inc. increased its position in iShares MBS ETF by 2.2% during the 1st quarter. Legacy Capital Group California Inc. now owns 5,495 shares of the company’s stock valued at $515,000 after buying an additional 118 shares in the last quarter. Paces Ferry Wealth Advisors LLC increased its position in iShares MBS ETF by 5.4% during the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 2,308 shares of the company’s stock valued at $216,000 after buying an additional 119 shares in the last quarter. Finally, Beacon Capital Management LLC increased its position in iShares MBS ETF by 35.3% during the 2nd quarter. Beacon Capital Management LLC now owns 460 shares of the company’s stock valued at $43,000 after buying an additional 120 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.2%

Shares of iShares MBS ETF stock opened at $95.10 on Wednesday. The company has a 50 day moving average price of $94.44 and a 200 day moving average price of $93.35. iShares MBS ETF has a 52 week low of $90.28 and a 52 week high of $95.97.

iShares MBS ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a $0.3363 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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).