iShares MBS ETF $MBB Holdings Lowered by Legacy Capital Wealth Partners LLC

Legacy Capital Wealth Partners LLC cut its stake in iShares MBS ETF (NASDAQ:MBB) by 9.5% in the 2nd quarter, HoldingsChannel reports. The fund owned 7,255 shares of the company’s stock after selling 766 shares during the period. Legacy Capital Wealth Partners LLC’s holdings in iShares MBS ETF were worth $681,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. LRI Investments LLC acquired a new stake in iShares MBS ETF in the second quarter worth approximately $30,000. Headlands Technologies LLC acquired a new position in shares of iShares MBS ETF during the 1st quarter valued at $31,000. Tsfg LLC increased its position in shares of iShares MBS ETF by 106.8% during the 2nd quarter. Tsfg LLC now owns 335 shares of the company’s stock valued at $31,000 after purchasing an additional 173 shares during the period. Flaharty Asset Management LLC bought a new stake in shares of iShares MBS ETF in the 1st quarter worth $34,000. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in shares of iShares MBS ETF by 317.2% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock valued at $36,000 after buying an additional 295 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.2%

Shares of MBB stock opened at $95.75 on Friday. The stock has a 50-day simple moving average of $95.43 and a 200 day simple moving average of $94.06. iShares MBS ETF has a fifty-two week low of $90.28 and a fifty-two week high of $96.25.

iShares MBS ETF Increases Dividend

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

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).