TrueWealth Advisors LLC Has $200,000 Position in iShares MBS ETF (NASDAQ:MBB)

TrueWealth Advisors LLC lessened its position in iShares MBS ETF (NASDAQ:MBB) by 56.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,137 shares of the company’s stock after selling 2,715 shares during the period. TrueWealth Advisors LLC’s holdings in iShares MBS ETF were worth $200,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in iShares MBS ETF by 18.9% during the third quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock worth $3,321,229,000 after purchasing an additional 5,521,374 shares during the period. Brighton Jones LLC acquired a new stake in iShares MBS ETF during the fourth quarter worth approximately $273,000. DAVENPORT & Co LLC boosted its holdings in iShares MBS ETF by 20.6% in the fourth quarter. DAVENPORT & Co LLC now owns 4,486 shares of the company’s stock worth $411,000 after acquiring an additional 765 shares in the last quarter. U.S. Capital Wealth Advisors LLC boosted its holdings in iShares MBS ETF by 26.3% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 5,759 shares of the company’s stock worth $528,000 after acquiring an additional 1,198 shares in the last quarter. Finally, CENTRAL TRUST Co boosted its holdings in iShares MBS ETF by 41.4% in the fourth quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock worth $59,000 after acquiring an additional 189 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.7%

Shares of NASDAQ:MBB opened at $92.58 on Thursday. The business’s 50 day simple moving average is $92.60 and its two-hundred day simple moving average is $92.53. iShares MBS ETF has a 52-week low of $90.28 and a 52-week high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd will be issued a $0.3251 dividend. The ex-dividend date is Monday, June 2nd. This represents a $3.90 dividend on an annualized basis and a dividend yield of 4.21%.

iShares MBS ETF Company 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).