iShares MBS ETF $MBB Stock: TSA Wealth Managment LLC Trims Holdings

TSA Wealth Managment LLC cut its position in iShares MBS ETF (NASDAQ:MBB) by 75.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,085 shares of the company’s stock after selling 80,958 shares during the period. TSA Wealth Managment LLC’s holdings in iShares MBS ETF were worth $2,338,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Shelter Ins Retirement Plan purchased a new stake in shares of iShares MBS ETF during the second quarter worth $12,335,042,000. Envestnet Asset Management Inc. raised its position in shares of iShares MBS ETF by 6.9% in the second quarter. Envestnet Asset Management Inc. now owns 30,910,875 shares of the company’s stock valued at $2,921,648,000 after buying an additional 2,006,656 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in iShares MBS ETF by 3.5% during the first quarter. PNC Financial Services Group Inc. now owns 3,106,470 shares of the company’s stock worth $294,959,000 after acquiring an additional 106,144 shares during the last quarter. Bank of New York Mellon Corp boosted its position in iShares MBS ETF by 9.5% during the first quarter. Bank of New York Mellon Corp now owns 2,314,725 shares of the company’s stock worth $219,783,000 after acquiring an additional 201,354 shares during the last quarter. Finally, Sei Investments Co. grew its stake in iShares MBS ETF by 5.2% during the 1st quarter. Sei Investments Co. now owns 2,194,447 shares of the company’s stock valued at $208,335,000 after acquiring an additional 108,361 shares in the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Down 0.1%

MBB traded down $0.09 during trading on Friday, reaching $91.29. The company’s stock had a trading volume of 8,085,049 shares, compared to its average volume of 3,303,904. The firm has a fifty day simple moving average of $91.35 and a two-hundred day simple moving average of $93.18. iShares MBS ETF has a 1 year low of $88.58 and a 1 year high of $96.96.

iShares MBS ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.3662 per share. The ex-dividend date was Thursday, October 1st. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.3388. This represents a $4.39 dividend on an annualized basis and a yield of 4.8%.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).