iShares MBS ETF $MBB is Prestige Wealth Management Group LLC’s 4th Largest Position

Prestige Wealth Management Group LLC boosted its position in iShares MBS ETF (NASDAQ:MBB) by 17,959.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 316,041 shares of the company’s stock after purchasing an additional 314,291 shares during the quarter. iShares MBS ETF comprises 5.9% of Prestige Wealth Management Group LLC’s investment portfolio, making the stock its 4th biggest position. Prestige Wealth Management Group LLC owned about 0.08% of iShares MBS ETF worth $30,008,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Ferguson Wellman Capital Management Inc. purchased a new stake in shares of iShares MBS ETF in the first quarter worth $138,835,000. Bank of Montreal Can grew its position in iShares MBS ETF by 102.6% during the fourth quarter. Bank of Montreal Can now owns 2,883,524 shares of the company’s stock worth $274,569,000 after buying an additional 1,460,545 shares in the last quarter. LPL Financial LLC increased its stake in iShares MBS ETF by 4.1% in the 4th quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock worth $2,656,940,000 after acquiring an additional 1,104,895 shares during the last quarter. Renaissancere Holdings Ltd. increased its stake in iShares MBS ETF by 34.9% in the 3rd quarter. Renaissancere Holdings Ltd. now owns 3,852,431 shares of the company’s stock worth $366,559,000 after acquiring an additional 997,000 shares during the last quarter. Finally, Beacon Pointe Advisors LLC raised its holdings in shares of iShares MBS ETF by 1,599.6% in the 4th quarter. Beacon Pointe Advisors LLC now owns 851,186 shares of the company’s stock valued at $81,050,000 after acquiring an additional 801,103 shares in the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Down 0.3%

Shares of MBB opened at $93.15 on Thursday. The stock has a 50-day moving average price of $94.09 and a 200-day moving average price of $94.91. iShares MBS ETF has a 12-month low of $92.43 and a 12-month high of $96.96.

iShares MBS ETF Announces Dividend

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

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). 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).