iShares MBS ETF $MBB Shares Sold by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC lowered its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 23.7% in the second quarter, HoldingsChannel reports. The fund owned 4,502 shares of the company’s stock after selling 1,395 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares MBS ETF were worth $423,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. International Private Wealth Advisors LLC grew its holdings in shares of iShares MBS ETF by 2.8% during the 2nd quarter. International Private Wealth Advisors LLC now owns 4,120 shares of the company’s stock worth $387,000 after purchasing an additional 114 shares during the period. Midwest Heritage Bank FSB raised its position in shares of iShares MBS ETF by 4.0% in the 2nd quarter. Midwest Heritage Bank FSB now owns 2,982 shares of the company’s stock valued at $280,000 after purchasing an additional 116 shares in the last quarter. Legacy Capital Group California Inc. raised its position in shares of iShares MBS ETF by 2.2% during the 1st quarter. Legacy Capital Group California Inc. now owns 5,495 shares of the company’s stock valued at $515,000 after acquiring an additional 118 shares in the last quarter. Paces Ferry Wealth Advisors LLC raised its position in shares of iShares MBS ETF by 5.4% during the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 2,308 shares of the company’s stock valued at $216,000 after acquiring an additional 119 shares in the last quarter. Finally, Beacon Capital Management LLC raised its position in shares of iShares MBS ETF by 35.3% during the 2nd quarter. Beacon Capital Management LLC now owns 460 shares of the company’s stock valued at $43,000 after acquiring an additional 120 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

MBB stock opened at $95.28 on Friday. iShares MBS ETF has a 12-month low of $90.28 and a 12-month high of $95.97. The stock’s 50 day simple moving average is $94.55 and its 200 day simple moving average is $93.39.

iShares MBS ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were given a $0.3363 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 4.2%.

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).