Baker Tilly Wealth Management LLC Trims Position in iShares MBS ETF (NASDAQ:MBB)

Baker Tilly Wealth Management LLC cut its holdings in shares of iShares MBS ETF (NASDAQ:MBB – Get Rating) by 53.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,714 shares of the company’s stock after selling 5,313 shares during the period. Baker Tilly Wealth Management LLC’s holdings in iShares MBS ETF were worth $506,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. TFC Financial Management bought a new stake in shares of iShares MBS ETF during the fourth quarter valued at approximately $26,000. Moors & Cabot Inc. boosted its position in shares of iShares MBS ETF by 250.5% during the third quarter. Moors & Cabot Inc. now owns 25,000 shares of the company’s stock valued at $29,000 after purchasing an additional 17,868 shares in the last quarter. National Bank of Canada FI bought a new stake in shares of iShares MBS ETF during the fourth quarter valued at approximately $45,000. Fortis Advisors LLC boosted its position in shares of iShares MBS ETF by 63.8% during the third quarter. Fortis Advisors LLC now owns 493 shares of the company’s stock valued at $53,000 after purchasing an additional 192 shares in the last quarter. Finally, Fieldpoint Private Securities LLC bought a new stake in iShares MBS ETF in the third quarter worth $53,000.

Shares of NASDAQ:MBB opened at $98.10 on Friday. iShares MBS ETF has a 1 year low of $97.44 and a 1 year high of $108.88. The stock’s fifty day moving average price is $101.39 and its 200-day moving average price is $104.90.

The business also recently declared a monthly dividend, which was paid on Thursday, April 7th. Shareholders of record on Monday, April 4th were given a $0.136 dividend. This represents a $1.63 dividend on an annualized basis and a yield of 1.66%. The ex-dividend date was Friday, April 1st.

About iShares MBS ETF (Get Rating)

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).

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