Federated Hermes Inc. Sells 10,150 Shares of iShares MBS ETF $MBB

Federated Hermes Inc. lowered its holdings in iShares MBS ETF (NASDAQ:MBB) by 3.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 268,420 shares of the company’s stock after selling 10,150 shares during the quarter. Federated Hermes Inc.’s holdings in iShares MBS ETF were worth $25,540,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Braun Bostich & Associates Inc. lifted its stake in shares of iShares MBS ETF by 4.1% in the third quarter. Braun Bostich & Associates Inc. now owns 25,326 shares of the company’s stock valued at $2,410,000 after buying an additional 1,009 shares in the last quarter. Hutchens & Kramer Investment Management Group LLC raised its holdings in shares of iShares MBS ETF by 12.5% in the 3rd quarter. Hutchens & Kramer Investment Management Group LLC now owns 3,611 shares of the company’s stock worth $344,000 after acquiring an additional 401 shares during the last quarter. One Wealth Advisors LLC lifted its position in iShares MBS ETF by 8.6% in the 3rd quarter. One Wealth Advisors LLC now owns 114,406 shares of the company’s stock valued at $10,886,000 after acquiring an additional 9,072 shares in the last quarter. Fortis Capital Advisors LLC acquired a new position in iShares MBS ETF during the 3rd quarter valued at about $680,000. Finally, CFS Investment Advisory Services LLC boosted its stake in iShares MBS ETF by 3.9% during the 3rd quarter. CFS Investment Advisory Services LLC now owns 186,352 shares of the company’s stock valued at $17,897,000 after purchasing an additional 6,912 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB opened at $95.69 on Friday. iShares MBS ETF has a 52 week low of $90.84 and a 52 week high of $96.25. The stock has a 50 day moving average price of $95.42 and a two-hundred day moving average price of $94.91.

iShares MBS ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a dividend of $0.334 per share. The ex-dividend date was Friday, December 19th. This represents a c) annualized dividend and a yield of 4.2%.

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).