Signal Advisors Wealth LLC Has $6.02 Million Stock Position in iShares MBS ETF $MBB

Signal Advisors Wealth LLC grew its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 15.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 63,390 shares of the company’s stock after purchasing an additional 8,555 shares during the quarter. Signal Advisors Wealth LLC’s holdings in iShares MBS ETF were worth $6,019,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of MBB. First Citizens Asset Management Inc. increased its holdings in shares of iShares MBS ETF by 6.7% during the 1st quarter. First Citizens Asset Management Inc. now owns 4,545 shares of the company’s stock valued at $432,000 after acquiring an additional 284 shares during the last quarter. Stewardship Advisors LLC raised its position in shares of iShares MBS ETF by 7.1% in the first quarter. Stewardship Advisors LLC now owns 3,811 shares of the company’s stock valued at $362,000 after purchasing an additional 254 shares during the period. Ocean Park Asset Management LLC lifted its stake in shares of iShares MBS ETF by 4.2% in the first quarter. Ocean Park Asset Management LLC now owns 442,207 shares of the company’s stock worth $41,988,000 after buying an additional 17,872 shares during the last quarter. Cornerstone Management Inc. lifted its stake in shares of iShares MBS ETF by 7.4% in the first quarter. Cornerstone Management Inc. now owns 138,932 shares of the company’s stock worth $13,192,000 after buying an additional 9,537 shares during the last quarter. Finally, Brookstone Capital Management boosted its holdings in shares of iShares MBS ETF by 2.4% during the 1st quarter. Brookstone Capital Management now owns 315,815 shares of the company’s stock worth $29,987,000 after buying an additional 7,387 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB stock opened at $94.25 on Tuesday. iShares MBS ETF has a 52-week low of $92.40 and a 52-week high of $96.96. The company has a 50-day moving average of $94.51 and a two-hundred day moving average of $95.10.

iShares MBS ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a dividend of $0.3334 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, June 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).