iShares MBS ETF $MBB Shares Sold by MGO One Seven LLC

MGO One Seven LLC trimmed its position in shares of iShares MBS ETF (NASDAQ:MBB) by 30.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 27,161 shares of the company’s stock after selling 11,863 shares during the quarter. MGO One Seven LLC’s holdings in iShares MBS ETF were worth $2,434,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. Americana Partners LLC acquired a new position in iShares MBS ETF during the third quarter worth about $1,049,000. Modera Wealth Management LLC acquired a new stake in iShares MBS ETF in the 3rd quarter valued at about $39,379,000. International Assets Investment Management LLC raised its holdings in iShares MBS ETF by 161.6% in the 3rd quarter. International Assets Investment Management LLC now owns 11,168 shares of the company’s stock valued at $1,001,000 after acquiring an additional 6,899 shares during the last quarter. Brian Low Financial Group LLC raised its holdings in iShares MBS ETF by 1.3% in the 3rd quarter. Brian Low Financial Group LLC now owns 35,126 shares of the company’s stock valued at $3,148,000 after acquiring an additional 457 shares during the last quarter. Finally, Auour Investments LLC purchased a new position in iShares MBS ETF in the 3rd quarter worth approximately $1,656,000. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

MBB opened at $91.53 on Wednesday. The company’s 50 day simple moving average is $91.13 and its two-hundred day simple moving average is $93.74. iShares MBS ETF has a 1-year low of $88.58 and a 1-year high of $96.96.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, November 5th. Investors of record on Monday, November 2nd will be given a dividend of $0.3471 per share. The ex-dividend date is Monday, November 2nd. This is a negative change from iShares MBS ETF’s previous monthly dividend of $0.3662. This represents a $4.17 dividend on an annualized basis and a yield of 4.6%.

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).