WBH Advisory Inc. Reduces Position in iShares MBS ETF $MBB

WBH Advisory Inc. decreased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 18.8% in the first quarter, HoldingsChannel reports. The fund owned 57,475 shares of the company’s stock after selling 13,304 shares during the quarter. WBH Advisory Inc.’s holdings in iShares MBS ETF were worth $5,441,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of MBB. Global Financial Private Client LLC raised its holdings in iShares MBS ETF by 3.8% in the 1st quarter. Global Financial Private Client LLC now owns 2,937 shares of the company’s stock worth $279,000 after purchasing an additional 108 shares during the period. RFG Advisory LLC grew its holdings in iShares MBS ETF by 3.0% during the fourth quarter. RFG Advisory LLC now owns 3,989 shares of the company’s stock valued at $380,000 after purchasing an additional 116 shares during the period. Alteri Wealth LLC grew its holdings in iShares MBS ETF by 0.6% during the fourth quarter. Alteri Wealth LLC now owns 18,467 shares of the company’s stock valued at $1,758,000 after purchasing an additional 118 shares during the period. Tompkins Financial Corp increased its position in iShares MBS ETF by 15.1% in the fourth quarter. Tompkins Financial Corp now owns 915 shares of the company’s stock worth $87,000 after buying an additional 120 shares in the last quarter. Finally, Merkkuri Wealth Advisors LLC increased its position in iShares MBS ETF by 1.2% in the first quarter. Merkkuri Wealth Advisors LLC now owns 9,944 shares of the company’s stock worth $944,000 after buying an additional 120 shares in the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $94.13 on Friday. The stock’s 50-day moving average price is $94.37 and its 200-day moving average price is $95.06. iShares MBS ETF has a 52 week low of $92.40 and a 52 week high of $96.96.

iShares MBS ETF Announces Dividend

The company also recently announced a dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st will be issued a $0.3373 dividend. The ex-dividend date of this dividend is Wednesday, July 1st.

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).