Blue Trust Inc. Sells 294,983 Shares of iShares MBS ETF $MBB

Blue Trust Inc. lessened its stake in iShares MBS ETF (NASDAQ:MBB) by 22.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,010,090 shares of the company’s stock after selling 294,983 shares during the quarter. iShares MBS ETF makes up 1.1% of Blue Trust Inc.’s holdings, making the stock its 20th biggest position. Blue Trust Inc.’s holdings in iShares MBS ETF were worth $95,908,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. ESL Trust Services LLC bought a new stake in iShares MBS ETF during the fourth quarter worth $28,000. Brown Lisle Cummings Inc. acquired a new stake in iShares MBS ETF in the first quarter valued at $28,000. First Community Trust NA bought a new position in shares of iShares MBS ETF in the 1st quarter valued at about $32,000. Nemes Rush Group LLC grew its position in shares of iShares MBS ETF by 132.9% in the 4th quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock valued at $34,000 after acquiring an additional 206 shares during the period. Finally, Aventura Private Wealth LLC acquired a new position in shares of iShares MBS ETF during the 4th quarter worth about $35,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $94.75 on Thursday. The company’s 50-day moving average is $94.48 and its 200-day moving average is $95.09. iShares MBS ETF has a fifty-two week low of $92.40 and a fifty-two week high of $96.96.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a dividend of $0.3334 per share. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis 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).