Optas LLC Lowers Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Optas LLC lessened its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 1.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 72,492 shares of the company’s stock after selling 1,164 shares during the quarter. iShares MBS ETF comprises about 1.4% of Optas LLC’s portfolio, making the stock its 18th largest holding. Optas LLC’s holdings in iShares MBS ETF were worth $6,646,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Massmutual Trust Co. FSB ADV increased its position in iShares MBS ETF by 254.2% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock worth $44,000 after purchasing an additional 333 shares during the period. Alpha Financial Partners LLC purchased a new stake in shares of iShares MBS ETF in the third quarter valued at approximately $2,960,000. Miracle Mile Advisors LLC grew its holdings in iShares MBS ETF by 9.0% during the third quarter. Miracle Mile Advisors LLC now owns 1,478,730 shares of the company’s stock worth $141,677,000 after acquiring an additional 121,655 shares during the period. MKT Advisors LLC raised its position in iShares MBS ETF by 14.6% in the third quarter. MKT Advisors LLC now owns 7,508 shares of the company’s stock worth $718,000 after acquiring an additional 955 shares in the last quarter. Finally, Ignite Planners LLC purchased a new position in iShares MBS ETF in the third quarter worth $226,000. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $91.80 on Tuesday. The company’s fifty day moving average is $92.14 and its two-hundred day moving average is $93.56. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76.

iShares MBS ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be paid a dividend of $0.3414 per share. This is a positive change from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date of this dividend is Monday, February 3rd.

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).