iShares MBS ETF $MBB is Midland Wealth Advisors LLC’s 2nd Largest Position

Midland Wealth Advisors LLC lifted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 42.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,654,483 shares of the company’s stock after buying an additional 797,198 shares during the quarter. iShares MBS ETF comprises 13.5% of Midland Wealth Advisors LLC’s portfolio, making the stock its 2nd largest position. Midland Wealth Advisors LLC owned approximately 0.60% of iShares MBS ETF worth $252,574,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also bought and sold shares of MBB. TIAA Trust National Association lifted its stake in shares of iShares MBS ETF by 349.3% in the 2nd quarter. TIAA Trust National Association now owns 23,964,909 shares of the company’s stock valued at $2,245,510,000 after purchasing an additional 18,631,536 shares during the period. Bank of America Corp DE lifted its position in iShares MBS ETF by 2.9% during the second quarter. Bank of America Corp DE now owns 64,329,626 shares of the company’s stock valued at $6,039,909,000 after buying an additional 1,796,449 shares during the period. Prudential Financial Inc. lifted its position in iShares MBS ETF by 10,569.3% during the second quarter. Prudential Financial Inc. now owns 1,463,719 shares of the company’s stock valued at $137,429,000 after buying an additional 1,450,000 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of iShares MBS ETF by 2.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock valued at $4,917,131,000 after buying an additional 1,182,620 shares in the last quarter. Finally, Annex Advisory Services LLC purchased a new stake in shares of iShares MBS ETF in the 3rd quarter worth about $81,869,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Up 0.0%

Shares of iShares MBS ETF stock opened at $96.30 on Friday. iShares MBS ETF has a 1 year low of $90.84 and a 1 year high of $96.55. The company has a 50-day moving average of $95.54 and a 200 day moving average of $95.18.

iShares MBS ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.3347 per share. The ex-dividend date was Monday, February 2nd. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33. This represents a c) annualized dividend and a dividend 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).