Kestra Advisory Services LLC Cuts Stock Position in iShares MBS ETF $MBB

Kestra Advisory Services LLC trimmed its position in iShares MBS ETF (NASDAQ:MBB) by 33.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 105,763 shares of the company’s stock after selling 52,410 shares during the period. Kestra Advisory Services LLC’s holdings in iShares MBS ETF were worth $10,042,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of MBB. ESL Trust Services LLC purchased a new position in iShares MBS ETF during the 4th quarter worth $28,000. Brown Lisle Cummings Inc. purchased a new stake in iShares MBS ETF in the first quarter valued at about $28,000. First Community Trust NA acquired a new stake in iShares MBS ETF in the first quarter worth about $32,000. Nemes Rush Group LLC grew its stake in shares of iShares MBS ETF by 132.9% during the fourth quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock worth $34,000 after acquiring an additional 206 shares during the last quarter. Finally, Aventura Private Wealth LLC purchased a new stake in shares of iShares MBS ETF during the fourth quarter worth about $35,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

MBB opened at $93.72 on Monday. The firm’s 50-day moving average price is $94.26 and its 200-day moving average price is $95.01. iShares MBS ETF has a 52-week low of $92.40 and a 52-week high of $96.96.

iShares MBS ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a $0.3373 dividend. 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).