MA Private Wealth Sells 23,306 Shares of iShares MBS ETF (NASDAQ:MBB)

MA Private Wealth cut its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 53.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,023 shares of the company’s stock after selling 23,306 shares during the quarter. MA Private Wealth’s holdings in iShares MBS ETF were worth $1,838,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in MBB. Financial Management Professionals Inc. purchased a new stake in iShares MBS ETF during the 1st quarter valued at about $26,000. Versant Capital Management Inc bought a new stake in iShares MBS ETF in the first quarter valued at approximately $32,000. Rothschild Investment LLC purchased a new stake in shares of iShares MBS ETF during the second quarter valued at approximately $33,000. CENTRAL TRUST Co grew its holdings in shares of iShares MBS ETF by 64.6% in the first quarter. CENTRAL TRUST Co now owns 456 shares of the company’s stock worth $42,000 after purchasing an additional 179 shares during the last quarter. Finally, PSI Advisors LLC grew its holdings in shares of iShares MBS ETF by 2,289.5% in the second quarter. PSI Advisors LLC now owns 454 shares of the company’s stock worth $42,000 after purchasing an additional 435 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

Shares of iShares MBS ETF stock opened at $95.82 on Friday. The business has a 50 day moving average of $93.84 and a 200 day moving average of $92.25. iShares MBS ETF has a 52 week low of $85.28 and a 52 week high of $95.86.

iShares MBS ETF Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, September 6th. Investors of record on Tuesday, September 3rd will be paid a $0.3177 dividend. The ex-dividend date of this dividend is Tuesday, September 3rd.

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).