iShares MBS ETF (NASDAQ:MBB) Stake Lowered by IHT Wealth Management LLC

IHT Wealth Management LLC reduced its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 46.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,237 shares of the company’s stock after selling 30,879 shares during the quarter. IHT Wealth Management LLC’s holdings in iShares MBS ETF were worth $3,231,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Principal Financial Group Inc. increased its position in shares of iShares MBS ETF by 9.0% during the 4th quarter. Principal Financial Group Inc. now owns 3,293 shares of the company’s stock valued at $302,000 after purchasing an additional 272 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of iShares MBS ETF by 4.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,931,127 shares of the company’s stock valued at $268,726,000 after purchasing an additional 121,689 shares in the last quarter. Proficio Capital Partners LLC boosted its position in shares of iShares MBS ETF by 54.0% during the 4th quarter. Proficio Capital Partners LLC now owns 84,964 shares of the company’s stock valued at $7,790,000 after purchasing an additional 29,809 shares in the last quarter. Voisard Asset Management Group Inc. raised its holdings in shares of iShares MBS ETF by 2,221.2% in the 4th quarter. Voisard Asset Management Group Inc. now owns 82,102 shares of the company’s stock worth $7,527,000 after purchasing an additional 78,565 shares in the last quarter. Finally, Fifth Third Bancorp increased its holdings in shares of iShares MBS ETF by 272.8% in the fourth quarter. Fifth Third Bancorp now owns 1,633 shares of the company’s stock valued at $150,000 after buying an additional 1,195 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Price Performance

iShares MBS ETF stock opened at $91.84 on Tuesday. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76. The firm’s 50 day simple moving average is $93.05 and its 200-day simple moving average is $92.71.

iShares MBS ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were issued a $0.3309 dividend. This is an increase from iShares MBS ETF’s previous dividend of $0.32. The ex-dividend date was Tuesday, April 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).