105,497 iShares MBS ETF $MBB Shares Acquired by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC raised its position in iShares MBS ETF (NASDAQ:MBB) by 2,800.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 109,264 shares of the company’s stock after purchasing an additional 105,497 shares during the period. Sax Wealth Advisors LLC’s holdings in iShares MBS ETF were worth $9,792,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of MBB. Envestnet Asset Management Inc. raised its holdings in iShares MBS ETF by 6.9% during the second quarter. Envestnet Asset Management Inc. now owns 30,910,875 shares of the company’s stock worth $2,921,648,000 after purchasing an additional 2,006,656 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of iShares MBS ETF by 3.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,106,470 shares of the company’s stock valued at $294,959,000 after acquiring an additional 106,144 shares during the period. Bank of New York Mellon Corp boosted its stake in iShares MBS ETF by 9.5% during the 1st quarter. Bank of New York Mellon Corp now owns 2,314,725 shares of the company’s stock worth $219,783,000 after purchasing an additional 201,354 shares during the period. Sei Investments Co. grew its position in iShares MBS ETF by 5.2% during the 1st quarter. Sei Investments Co. now owns 2,194,447 shares of the company’s stock worth $208,335,000 after purchasing an additional 108,361 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in shares of iShares MBS ETF by 9.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,119,612 shares of the company’s stock worth $200,346,000 after buying an additional 188,877 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Down 0.0%

Shares of MBB stock traded down $0.01 during midday trading on Tuesday, hitting $89.82. The company had a trading volume of 992,298 shares, compared to its average volume of 3,109,992. The company’s 50 day simple moving average is $91.82 and its 200 day simple moving average is $93.43. iShares MBS ETF has a 52-week low of $88.58 and a 52-week high of $96.96.

iShares MBS ETF Increases Dividend

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

iShares MBS ETF Company 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).