Rosenberg Matthew Hamilton Sells 975 Shares of iShares MBS ETF $MBB

Rosenberg Matthew Hamilton lessened its position in iShares MBS ETF (NASDAQ:MBB) by 10.2% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 8,568 shares of the company’s stock after selling 975 shares during the period. Rosenberg Matthew Hamilton’s holdings in iShares MBS ETF were worth $804,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of the company. International Private Wealth Advisors LLC raised its holdings in iShares MBS ETF by 2.8% in the 2nd quarter. International Private Wealth Advisors LLC now owns 4,120 shares of the company’s stock worth $387,000 after acquiring an additional 114 shares during the period. Midwest Heritage Bank FSB raised its holdings in iShares MBS ETF by 4.0% in the 2nd quarter. Midwest Heritage Bank FSB now owns 2,982 shares of the company’s stock worth $280,000 after acquiring an additional 116 shares during the period. Legacy Capital Group California Inc. raised its holdings in iShares MBS ETF by 2.2% in the 1st quarter. Legacy Capital Group California Inc. now owns 5,495 shares of the company’s stock worth $515,000 after acquiring an additional 118 shares during the period. Paces Ferry Wealth Advisors LLC raised its holdings in iShares MBS ETF by 5.4% in the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 2,308 shares of the company’s stock worth $216,000 after acquiring an additional 119 shares during the period. Finally, Beacon Capital Management LLC raised its holdings in iShares MBS ETF by 35.3% in the 2nd quarter. Beacon Capital Management LLC now owns 460 shares of the company’s stock worth $43,000 after acquiring an additional 120 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

NASDAQ:MBB opened at $95.54 on Wednesday. The firm’s 50-day moving average is $94.62 and its 200-day moving average is $93.42. iShares MBS ETF has a 52-week low of $90.28 and a 52-week high of $95.97.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were issued a dividend of $0.3363 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 4.2%.

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).