Private Capital Group LLC Trims Stake in iShares MBS ETF (NASDAQ:MBB)

Private Capital Group LLC lessened its holdings in iShares MBS ETF (NASDAQ:MBBGet Rating) by 3.2% during the first quarter, Holdings Channel.com reports. The firm owned 4,588 shares of the company’s stock after selling 153 shares during the quarter. Private Capital Group LLC’s holdings in iShares MBS ETF were worth $467,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in MBB. TFC Financial Management bought a new position in iShares MBS ETF during the fourth quarter valued at approximately $26,000. Allegheny Financial Group LTD purchased a new stake in shares of iShares MBS ETF in the fourth quarter worth $27,000. Tyler Stone Wealth Management purchased a new position in iShares MBS ETF during the fourth quarter valued at $34,000. IAG Wealth Partners LLC grew its stake in iShares MBS ETF by 2,875.0% during the fourth quarter. IAG Wealth Partners LLC now owns 357 shares of the company’s stock valued at $38,000 after acquiring an additional 345 shares in the last quarter. Finally, Vectors Research Management LLC grew its stake in iShares MBS ETF by 93.0% during the fourth quarter. Vectors Research Management LLC now owns 357 shares of the company’s stock valued at $38,000 after acquiring an additional 172 shares in the last quarter.

MBB stock opened at $97.49 on Friday. The company has a fifty day simple moving average of $97.66 and a two-hundred day simple moving average of $101.82. iShares MBS ETF has a 52 week low of $94.32 and a 52 week high of $108.83.

The business also recently disclosed a monthly dividend, which was paid on Tuesday, June 7th. Investors of record on Thursday, June 2nd were issued a dividend of $0.162 per share. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Wednesday, June 1st. This represents a $1.94 dividend on an annualized basis and a yield of 1.99%.

iShares MBS ETF Profile (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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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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