11,879 Shares of iShares MBS ETF $MBB Acquired by Sculati Wealth Management LLC

Sculati Wealth Management LLC purchased a new stake in shares of iShares MBS ETF (NASDAQ:MBB) in the 3rd quarter, Holdings Channel reports. The fund purchased 11,879 shares of the company’s stock, valued at approximately $1,067,000.

Other institutional investors have also recently made changes to their positions in the company. Client 1ST Advisory Group LLC purchased a new stake in iShares MBS ETF during the third quarter valued at approximately $5,104,000. Optivise Advisory Services LLC boosted its stake in shares of iShares MBS ETF by 4.8% during the 3rd quarter. Optivise Advisory Services LLC now owns 10,867 shares of the company’s stock worth $974,000 after acquiring an additional 498 shares during the last quarter. Narus Financial Partners LLC boosted its stake in shares of iShares MBS ETF by 2.2% during the 3rd quarter. Narus Financial Partners LLC now owns 8,583 shares of the company’s stock worth $769,000 after acquiring an additional 182 shares during the last quarter. SteelPeak Wealth LLC boosted its stake in shares of iShares MBS ETF by 520.5% during the 3rd quarter. SteelPeak Wealth LLC now owns 192,869 shares of the company’s stock worth $17,285,000 after acquiring an additional 161,788 shares during the last quarter. Finally, IFP Advisors Inc grew its position in shares of iShares MBS ETF by 3.6% during the 3rd quarter. IFP Advisors Inc now owns 23,534 shares of the company’s stock valued at $2,109,000 after acquiring an additional 811 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.4%

Shares of NASDAQ:MBB traded down $0.36 during midday trading on Monday, hitting $90.16. The company had a trading volume of 1,141,773 shares, compared to its average volume of 3,214,754. iShares MBS ETF has a 12-month low of $88.58 and a 12-month high of $96.96. The company has a fifty day moving average of $91.58 and a two-hundred day moving average of $93.31.

iShares MBS ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.3662 per share. This represents a $4.39 annualized dividend and a yield of 4.9%. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.3388. The ex-dividend date was Thursday, October 1st.

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). 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).