iShares MBS ETF $MBB Stock Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC lessened its position in iShares MBS ETF (NASDAQ:MBB) by 91.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 74,849 shares of the company’s stock after selling 771,605 shares during the period. Prime Capital Investment Advisors LLC’s holdings in iShares MBS ETF were worth $6,708,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Shelter Ins Retirement Plan acquired a new position in shares of iShares MBS ETF in the second quarter valued at $12,335,042,000. Envestnet Asset Management Inc. increased its holdings in shares of iShares MBS ETF by 6.9% during the second quarter. Envestnet Asset Management Inc. now owns 30,910,875 shares of the company’s stock worth $2,921,648,000 after purchasing an additional 2,006,656 shares during the period. PNC Financial Services Group Inc. raised its holdings in iShares MBS ETF by 3.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,106,470 shares of the company’s stock valued at $294,959,000 after acquiring an additional 106,144 shares in the last quarter. Bank of New York Mellon Corp raised its stake in iShares MBS ETF by 9.5% in the first quarter. Bank of New York Mellon Corp now owns 2,314,725 shares of the company’s stock valued at $219,783,000 after purchasing an additional 201,354 shares in the last quarter. Finally, Sei Investments Co. raised its position in shares of iShares MBS ETF by 5.2% in the 1st quarter. Sei Investments Co. now owns 2,194,447 shares of the company’s stock valued at $208,335,000 after buying an additional 108,361 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

NASDAQ MBB opened at $90.49 on Wednesday. iShares MBS ETF has a fifty-two week low of $88.58 and a fifty-two week high of $96.96. The business has a fifty day moving average price of $91.48 and a two-hundred day moving average price of $93.25.

iShares MBS ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a $0.3662 dividend. This represents a $4.39 dividend on an annualized basis and a dividend yield of 4.9%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.3388. The ex-dividend date of this dividend was Thursday, October 1st.

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).