SteelPeak Wealth LLC Has $16.73 Million Stock Position in iShares MBS ETF $MBB

SteelPeak Wealth LLC raised its position in iShares MBS ETF (NASDAQ:MBB) by 3.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 175,721 shares of the company’s stock after buying an additional 6,495 shares during the period. SteelPeak Wealth LLC’s holdings in iShares MBS ETF were worth $16,732,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in MBB. Delos Wealth Advisors LLC acquired a new position in shares of iShares MBS ETF in the 2nd quarter worth approximately $26,000. Howe & Rusling Inc. grew its position in iShares MBS ETF by 184.0% during the 3rd quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock worth $27,000 after acquiring an additional 184 shares during the last quarter. Westfuller Advisors LLC acquired a new stake in iShares MBS ETF during the 3rd quarter valued at $33,000. Aventura Private Wealth LLC acquired a new stake in iShares MBS ETF during the 4th quarter valued at $35,000. Finally, Wealth Watch Advisors INC bought a new position in iShares MBS ETF in the 3rd quarter valued at $35,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

iShares MBS ETF stock opened at $94.86 on Friday. The business’s fifty day moving average is $95.53 and its two-hundred day moving average is $95.43. iShares MBS ETF has a 52 week low of $90.84 and a 52 week high of $96.96.

iShares MBS ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st will be issued a $0.3329 dividend. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33. This represents a c) dividend on an annualized basis and a dividend 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).