SteelPeak Wealth LLC Buys 6,058 Shares of iShares MBS ETF (NASDAQ:MBB)

SteelPeak Wealth LLC grew its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 4.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 141,700 shares of the company’s stock after purchasing an additional 6,058 shares during the quarter. SteelPeak Wealth LLC’s holdings in iShares MBS ETF were worth $13,576,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its position in shares of iShares MBS ETF by 12.7% in the second quarter. Envestnet Asset Management Inc. now owns 25,036,908 shares of the company’s stock valued at $2,298,639,000 after buying an additional 2,829,414 shares during the last quarter. LPL Financial LLC lifted its holdings in iShares MBS ETF by 6.9% during the 2nd quarter. LPL Financial LLC now owns 18,051,515 shares of the company’s stock valued at $1,657,310,000 after purchasing an additional 1,157,953 shares during the last quarter. Jane Street Group LLC boosted its position in iShares MBS ETF by 542.0% during the first quarter. Jane Street Group LLC now owns 8,429,084 shares of the company’s stock worth $779,016,000 after purchasing an additional 7,116,171 shares during the period. TIAA Trust National Association increased its holdings in shares of iShares MBS ETF by 2.3% in the second quarter. TIAA Trust National Association now owns 4,768,602 shares of the company’s stock valued at $437,805,000 after purchasing an additional 107,420 shares during the last quarter. Finally, Allworth Financial LP raised its position in shares of iShares MBS ETF by 2.4% in the third quarter. Allworth Financial LP now owns 3,069,901 shares of the company’s stock valued at $294,127,000 after purchasing an additional 71,046 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB traded down $0.03 during mid-day trading on Wednesday, reaching $93.06. 900,205 shares of the company were exchanged, compared to its average volume of 2,300,691. iShares MBS ETF has a twelve month low of $86.48 and a twelve month high of $96.76. The company’s 50-day simple moving average is $95.15 and its 200-day simple moving average is $93.12.

iShares MBS ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.3177 per share. The ex-dividend date was Tuesday, September 3rd.

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).