iShares MBS ETF $MBB Shares Sold by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC cut its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 9.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,654 shares of the company’s stock after selling 1,096 shares during the quarter. Perennial Investment Advisors LLC’s holdings in iShares MBS ETF were worth $1,000,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. LRI Investments LLC purchased a new position in shares of iShares MBS ETF during the 2nd quarter worth about $30,000. Headlands Technologies LLC acquired a new position in iShares MBS ETF during the first quarter worth approximately $31,000. Tsfg LLC increased its position in iShares MBS ETF by 106.8% during the second quarter. Tsfg LLC now owns 335 shares of the company’s stock worth $31,000 after purchasing an additional 173 shares during the last quarter. Flaharty Asset Management LLC purchased a new position in iShares MBS ETF during the first quarter worth approximately $34,000. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in shares of iShares MBS ETF by 317.2% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock valued at $36,000 after purchasing an additional 295 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of NASDAQ MBB opened at $95.06 on Wednesday. The firm has a fifty day moving average of $95.40 and a 200-day moving average of $93.89. iShares MBS ETF has a 52-week low of $90.28 and a 52-week high of $96.25.

iShares MBS ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were given a dividend of $0.342 per share. This represents a c) dividend on an annualized basis and a yield of 4.3%. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.34. The ex-dividend date of this dividend was Monday, November 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).