Van Hulzen Asset Management LLC Sells 21,210 Shares of iShares MBS ETF $MBB

Van Hulzen Asset Management LLC cut its position in shares of iShares MBS ETF (NASDAQ:MBB) by 31.7% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 45,661 shares of the company’s stock after selling 21,210 shares during the quarter. Van Hulzen Asset Management LLC’s holdings in iShares MBS ETF were worth $4,316,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Ferguson Wellman Capital Management Inc. acquired a new stake in iShares MBS ETF during the 1st quarter worth about $138,835,000. Bank of Montreal Can boosted its position in shares of iShares MBS ETF by 102.6% during the 4th quarter. Bank of Montreal Can now owns 2,883,524 shares of the company’s stock valued at $274,569,000 after purchasing an additional 1,460,545 shares in the last quarter. LPL Financial LLC grew its stake in iShares MBS ETF by 4.1% during the fourth quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock worth $2,656,940,000 after purchasing an additional 1,104,895 shares during the period. Renaissancere Holdings Ltd. grew its stake in iShares MBS ETF by 34.9% during the third quarter. Renaissancere Holdings Ltd. now owns 3,852,431 shares of the company’s stock worth $366,559,000 after purchasing an additional 997,000 shares during the period. Finally, Beacon Pointe Advisors LLC increased its holdings in iShares MBS ETF by 1,599.6% in the fourth quarter. Beacon Pointe Advisors LLC now owns 851,186 shares of the company’s stock worth $81,050,000 after purchasing an additional 801,103 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $92.22 on Thursday. iShares MBS ETF has a 52-week low of $92.18 and a 52-week high of $96.96. The stock’s 50 day moving average price is $93.29 and its two-hundred day moving average price is $94.28.

iShares MBS ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a $0.3388 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Tuesday, September 1st.

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).