iShares MBS ETF $MBB Shares Sold by Tortoise Investment Management LLC

Tortoise Investment Management LLC decreased its position in iShares MBS ETF (NASDAQ:MBB) by 28.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,002 shares of the company’s stock after selling 14,884 shares during the quarter. Tortoise Investment Management LLC’s holdings in iShares MBS ETF were worth $3,523,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Howe & Rusling Inc. grew its position in iShares MBS ETF by 184.0% in the third quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock valued at $27,000 after acquiring an additional 184 shares in the last quarter. Westfuller Advisors LLC acquired a new stake in iShares MBS ETF in the third quarter valued at approximately $33,000. Aventura Private Wealth LLC acquired a new stake in iShares MBS ETF in the fourth quarter valued at approximately $35,000. Wealth Watch Advisors INC acquired a new stake in iShares MBS ETF in the third quarter valued at approximately $35,000. Finally, Dunhill Financial LLC grew its position in iShares MBS ETF by 3,554.5% in the fourth quarter. Dunhill Financial LLC now owns 402 shares of the company’s stock valued at $38,000 after acquiring an additional 391 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.1%

Shares of NASDAQ:MBB opened at $93.49 on Tuesday. iShares MBS ETF has a 52-week low of $91.19 and a 52-week high of $96.96. The company has a 50 day moving average of $94.86 and a two-hundred day moving average of $95.31.

iShares MBS ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were given a $0.3346 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a yield of 4.3%.

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).