Optas LLC Has $575,000 Position in iShares MBS ETF $MBB

Optas LLC reduced its position in shares of iShares MBS ETF (NASDAQ:MBB) by 77.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 6,042 shares of the company’s stock after selling 20,283 shares during the quarter. Optas LLC’s holdings in iShares MBS ETF were worth $575,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in MBB. Brighton Jones LLC acquired a new stake in iShares MBS ETF during the 4th quarter worth approximately $273,000. AQR Capital Management LLC lifted its holdings in iShares MBS ETF by 11.4% during the 1st quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock worth $950,000 after purchasing an additional 1,034 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in iShares MBS ETF by 13.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock valued at $35,521,000 after acquiring an additional 43,527 shares in the last quarter. Invesco Ltd. raised its holdings in iShares MBS ETF by 2.5% in the 2nd quarter. Invesco Ltd. now owns 11,446 shares of the company’s stock valued at $1,075,000 after acquiring an additional 279 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in iShares MBS ETF in the 2nd quarter valued at $240,000. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Down 0.4%

Shares of NASDAQ MBB opened at $95.07 on Wednesday. The business has a fifty day moving average price of $95.44 and a two-hundred day moving average price of $95.44. iShares MBS ETF has a fifty-two week low of $91.19 and a fifty-two week high of $96.96.

iShares MBS ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were issued a $0.3329 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) annualized dividend and a yield of 4.2%. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.33.

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). 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).