Procyon Advisors LLC Sells 6,466 Shares of iShares MBS ETF $MBB

Procyon Advisors LLC trimmed its stake in iShares MBS ETF (NASDAQ:MBB) by 7.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 83,909 shares of the company’s stock after selling 6,466 shares during the period. Procyon Advisors LLC’s holdings in iShares MBS ETF were worth $7,967,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CAP Partners LLC increased its stake in shares of iShares MBS ETF by 8.1% in the first quarter. CAP Partners LLC now owns 16,214 shares of the company’s stock valued at $1,540,000 after buying an additional 1,218 shares during the period. Global Assets Advisory LLC lifted its stake in shares of iShares MBS ETF by 45.4% in the first quarter. Global Assets Advisory LLC now owns 18,251 shares of the company’s stock worth $1,733,000 after acquiring an additional 5,703 shares during the period. Diversify Wealth Management LLC lifted its stake in shares of iShares MBS ETF by 81.2% in the first quarter. Diversify Wealth Management LLC now owns 73,404 shares of the company’s stock worth $6,945,000 after acquiring an additional 32,890 shares during the period. Carnegie Investment Counsel boosted its holdings in iShares MBS ETF by 1.6% in the first quarter. Carnegie Investment Counsel now owns 256,676 shares of the company’s stock valued at $24,371,000 after acquiring an additional 4,000 shares during the last quarter. Finally, UNIVEST FINANCIAL Corp increased its position in iShares MBS ETF by 13.3% during the 1st quarter. UNIVEST FINANCIAL Corp now owns 42,806 shares of the company’s stock valued at $4,064,000 after purchasing an additional 5,018 shares during the period. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $93.72 on Monday. iShares MBS ETF has a 52-week low of $92.40 and a 52-week high of $96.96. The firm has a 50 day moving average price of $94.26 and a two-hundred day moving average price of $95.01.

iShares MBS ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.3373 per share. The ex-dividend date of this dividend was Wednesday, July 1st.

iShares MBS ETF Company 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).