iShares MBS ETF (NASDAQ:MBB) Shares Sold by Vermillion & White Wealth Management Group LLC

Vermillion & White Wealth Management Group LLC lowered its position in shares of iShares MBS ETF (NASDAQ:MBB) by 4.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,422 shares of the company’s stock after selling 238 shares during the period. Vermillion & White Wealth Management Group LLC’s holdings in iShares MBS ETF were worth $497,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of MBB. Truvestments Capital LLC acquired a new position in shares of iShares MBS ETF during the fourth quarter worth $36,000. Key Financial Inc grew its stake in shares of iShares MBS ETF by 4,220.0% during the fourth quarter. Key Financial Inc now owns 432 shares of the company’s stock worth $40,000 after purchasing an additional 422 shares in the last quarter. Activest Wealth Management purchased a new stake in iShares MBS ETF in the fourth quarter valued at $58,000. CENTRAL TRUST Co lifted its position in iShares MBS ETF by 41.4% in the fourth quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock valued at $59,000 after acquiring an additional 189 shares during the last quarter. Finally, Tucker Asset Management LLC lifted its position in iShares MBS ETF by 74.5% in the fourth quarter. Tucker Asset Management LLC now owns 670 shares of the company’s stock valued at $61,000 after acquiring an additional 286 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB opened at $92.37 on Monday. iShares MBS ETF has a 1-year low of $90.03 and a 1-year high of $96.76. The firm has a fifty day moving average price of $92.92 and a 200 day moving average price of $92.57.

iShares MBS ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were given a $0.3255 dividend. The ex-dividend date was Thursday, May 1st. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.31. This represents a $3.91 dividend on an annualized basis and a yield of 4.23%.

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).