iShares MBS ETF $MBB Shares Sold by Mach 1 Financial Group LLC

Mach 1 Financial Group LLC lowered its position in shares of iShares MBS ETF (NASDAQ:MBB) by 50.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 13,446 shares of the company’s stock after selling 13,524 shares during the quarter. Mach 1 Financial Group LLC’s holdings in iShares MBS ETF were worth $1,280,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Dakota Wealth Management raised its stake in shares of iShares MBS ETF by 20.9% during the 3rd quarter. Dakota Wealth Management now owns 363,649 shares of the company’s stock valued at $34,601,000 after buying an additional 62,909 shares during the last quarter. Avidian Wealth Enterprises LLC raised its stake in shares of iShares MBS ETF by 3.4% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 709,399 shares of the company’s stock valued at $67,499,000 after buying an additional 23,459 shares during the last quarter. Brookstone Capital Management raised its stake in shares of iShares MBS ETF by 3.2% during the 4th quarter. Brookstone Capital Management now owns 308,428 shares of the company’s stock valued at $29,368,000 after buying an additional 9,547 shares during the last quarter. Argent Trust Co raised its stake in shares of iShares MBS ETF by 233.6% during the 3rd quarter. Argent Trust Co now owns 9,790 shares of the company’s stock valued at $932,000 after buying an additional 6,855 shares during the last quarter. Finally, Dearborn Partners LLC purchased a new position in shares of iShares MBS ETF during the 3rd quarter valued at about $539,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.7%

NASDAQ MBB opened at $93.76 on Thursday. The stock has a 50-day simple moving average of $94.77 and a two-hundred day simple moving average of $95.28. iShares MBS ETF has a fifty-two week low of $91.19 and a fifty-two week high of $96.96.

iShares MBS ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were paid a dividend of $0.3346 per share. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend 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).