Icon Wealth Advisors LLC Purchases 3,232 Shares of iShares MBS ETF (NASDAQ:MBB)

Icon Wealth Advisors LLC increased its holdings in iShares MBS ETF (NASDAQ:MBB) by 2.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 140,282 shares of the company’s stock after acquiring an additional 3,232 shares during the quarter. iShares MBS ETF comprises approximately 1.2% of Icon Wealth Advisors LLC’s portfolio, making the stock its 20th biggest position. Icon Wealth Advisors LLC’s holdings in iShares MBS ETF were worth $12,965,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in MBB. Simplicity Solutions LLC raised its position in shares of iShares MBS ETF by 3.6% in the 4th quarter. Simplicity Solutions LLC now owns 3,367 shares of the company’s stock worth $317,000 after acquiring an additional 117 shares in the last quarter. Strait & Sound Wealth Management LLC lifted its position in iShares MBS ETF by 3.7% during the first quarter. Strait & Sound Wealth Management LLC now owns 3,309 shares of the company’s stock valued at $298,000 after buying an additional 117 shares during the period. Wealthcare Advisory Partners LLC boosted its holdings in shares of iShares MBS ETF by 1.3% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 9,606 shares of the company’s stock valued at $888,000 after buying an additional 119 shares in the last quarter. W Advisors LLC grew its position in shares of iShares MBS ETF by 2.9% in the 1st quarter. W Advisors LLC now owns 4,329 shares of the company’s stock worth $400,000 after buying an additional 124 shares during the period. Finally, New Republic Capital LLC increased its stake in shares of iShares MBS ETF by 5.0% in the 1st quarter. New Republic Capital LLC now owns 2,636 shares of the company’s stock worth $244,000 after acquiring an additional 125 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB traded up $0.10 during mid-day trading on Tuesday, reaching $93.37. The company had a trading volume of 1,213,696 shares, compared to its average volume of 2,352,339. iShares MBS ETF has a 52 week low of $85.28 and a 52 week high of $94.55. The firm has a 50-day moving average price of $92.09 and a 200 day moving average price of $91.81.

iShares MBS ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were issued a $0.3053 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $3.66 annualized dividend and a yield of 3.92%.

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).