Optas LLC Has $6.57 Million Position in iShares MBS ETF (NASDAQ:MBB)

Optas LLC reduced its position in shares of iShares MBS ETF (NASDAQ:MBB) by 0.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 71,046 shares of the company’s stock after selling 229 shares during the period. iShares MBS ETF makes up about 1.8% of Optas LLC’s portfolio, making the stock its 15th biggest holding. Optas LLC’s holdings in iShares MBS ETF were worth $6,566,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Register Financial Advisors LLC lifted its position in shares of iShares MBS ETF by 584.6% during the 4th quarter. Register Financial Advisors LLC now owns 267 shares of the company’s stock valued at $25,000 after acquiring an additional 228 shares during the period. Financial Management Professionals Inc. bought a new stake in shares of iShares MBS ETF during the 1st quarter valued at $26,000. LFA Lugano Financial Advisors SA bought a new stake in shares of iShares MBS ETF during the 4th quarter valued at $28,000. Kozak & Associates Inc. bought a new stake in shares of iShares MBS ETF during the 4th quarter valued at $31,000. Finally, Versant Capital Management Inc bought a new stake in shares of iShares MBS ETF during the 1st quarter valued at $32,000. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

Shares of iShares MBS ETF stock traded down $0.48 during trading on Friday, reaching $91.81. 2,024,831 shares of the company’s stock were exchanged, compared to its average volume of 2,436,675. iShares MBS ETF has a 1-year low of $85.28 and a 1-year high of $94.55. The firm’s 50-day moving average price is $91.24 and its 200 day moving average price is $91.98.

iShares MBS ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were issued a $0.3002 dividend. The ex-dividend date was Monday, June 3rd. This represents a $3.60 dividend on an annualized basis and a yield of 3.92%.

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).