Heck Capital Advisors LLC Buys Shares of 66,928 iShares MBS ETF $MBB

Heck Capital Advisors LLC acquired a new position in iShares MBS ETF (NASDAQ:MBB) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 66,928 shares of the company’s stock, valued at approximately $6,284,000.

A number of other hedge funds have also added to or reduced their stakes in MBB. LPL Financial LLC boosted its position in iShares MBS ETF by 11.0% during the first quarter. LPL Financial LLC now owns 24,262,602 shares of the company’s stock valued at $2,275,347,000 after purchasing an additional 2,404,586 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of iShares MBS ETF by 0.3% in the first quarter. PNC Financial Services Group Inc. now owns 2,939,526 shares of the company’s stock valued at $275,669,000 after buying an additional 8,399 shares in the last quarter. Renaissancere Holdings Ltd. acquired a new position in iShares MBS ETF during the first quarter worth $267,782,000. Cetera Investment Advisers raised its position in iShares MBS ETF by 17.5% during the first quarter. Cetera Investment Advisers now owns 1,863,533 shares of the company’s stock worth $174,762,000 after acquiring an additional 277,926 shares in the last quarter. Finally, Midland Wealth Advisors LLC grew its position in shares of iShares MBS ETF by 36.7% in the 1st quarter. Midland Wealth Advisors LLC now owns 1,825,317 shares of the company’s stock valued at $171,178,000 after acquiring an additional 490,393 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

NASDAQ:MBB opened at $95.09 on Monday. iShares MBS ETF has a 12-month low of $90.28 and a 12-month high of $95.97. The stock’s 50 day moving average price is $94.37 and its two-hundred day moving average price is $93.33.

iShares MBS ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, October 6th. Investors of record on Wednesday, October 1st will be paid a $0.3363 dividend. The ex-dividend date is Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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).