iShares MBS ETF $MBB Stake Lowered by DecisionMap Wealth Management LLC

DecisionMap Wealth Management LLC cut its stake in iShares MBS ETF (NASDAQ:MBB) by 23.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,900 shares of the company’s stock after selling 6,111 shares during the quarter. iShares MBS ETF makes up 1.0% of DecisionMap Wealth Management LLC’s portfolio, making the stock its 24th biggest holding. DecisionMap Wealth Management LLC’s holdings in iShares MBS ETF were worth $1,783,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of MBB. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of iShares MBS ETF by 7.7% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 768,970 shares of the company’s stock valued at $68,915,000 after buying an additional 55,265 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of iShares MBS ETF in the 3rd quarter valued at approximately $75,219,000. ARQ Wealth Advisors LLC acquired a new position in iShares MBS ETF in the third quarter worth approximately $4,916,000. Investment Partners LTD. acquired a new position in iShares MBS ETF in the third quarter worth approximately $4,281,000. Finally, Intrua Financial LLC acquired a new position in iShares MBS ETF in the third quarter worth approximately $3,516,000. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

Shares of MBB opened at $92.05 on Monday. The firm’s 50 day moving average price is $91.20 and its 200 day moving average price is $93.79. iShares MBS ETF has a twelve month low of $88.58 and a twelve month high of $96.96.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd will be issued a dividend of $0.3471 per share. The ex-dividend date is Monday, November 2nd. This represents a $4.17 dividend on an annualized basis and a dividend yield of 4.5%. This is a decrease from iShares MBS ETF’s previous monthly dividend of $0.3662.

About iShares MBS ETF

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).