iShares MBS ETF $MBB is Tandem Wealth Advisors LLC’s 9th Largest Position

Tandem Wealth Advisors LLC lessened its stake in iShares MBS ETF (NASDAQ:MBB) by 28.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 126,557 shares of the company’s stock after selling 49,501 shares during the period. iShares MBS ETF makes up about 5.4% of Tandem Wealth Advisors LLC’s investment portfolio, making the stock its 9th biggest position. Tandem Wealth Advisors LLC’s holdings in iShares MBS ETF were worth $12,017,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Global Financial Private Client LLC boosted its stake in iShares MBS ETF by 3.8% during the first quarter. Global Financial Private Client LLC now owns 2,937 shares of the company’s stock worth $279,000 after buying an additional 108 shares during the last quarter. RFG Advisory LLC grew its holdings in iShares MBS ETF by 3.0% in the 4th quarter. RFG Advisory LLC now owns 3,989 shares of the company’s stock valued at $380,000 after buying an additional 116 shares in the last quarter. Alteri Wealth LLC increased its stake in shares of iShares MBS ETF by 0.6% in the 4th quarter. Alteri Wealth LLC now owns 18,467 shares of the company’s stock worth $1,758,000 after acquiring an additional 118 shares during the last quarter. Tompkins Financial Corp increased its stake in shares of iShares MBS ETF by 15.1% in the 4th quarter. Tompkins Financial Corp now owns 915 shares of the company’s stock worth $87,000 after acquiring an additional 120 shares during the last quarter. Finally, Merkkuri Wealth Advisors LLC raised its holdings in shares of iShares MBS ETF by 1.2% during the 1st quarter. Merkkuri Wealth Advisors LLC now owns 9,944 shares of the company’s stock worth $944,000 after acquiring an additional 120 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.0%

NASDAQ MBB opened at $93.78 on Friday. The business’s fifty day simple moving average is $94.15 and its 200-day simple moving average is $94.96. iShares MBS ETF has a 52 week low of $92.43 and a 52 week high of $96.96.

iShares MBS ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.3373 per share. The ex-dividend date was Wednesday, July 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).