Allworth Financial LP Reduces Stock Position in iShares MBS ETF $MBB

Allworth Financial LP trimmed its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 8.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,034,893 shares of the company’s stock after selling 295,696 shares during the period. iShares MBS ETF comprises about 1.2% of Allworth Financial LP’s holdings, making the stock its 13th biggest position. Allworth Financial LP owned about 0.72% of iShares MBS ETF worth $286,858,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Global Financial Private Client LLC grew its holdings in shares of iShares MBS ETF by 3.8% in the 1st quarter. Global Financial Private Client LLC now owns 2,937 shares of the company’s stock worth $279,000 after acquiring an additional 108 shares during the period. RFG Advisory LLC raised its holdings in iShares MBS ETF by 3.0% during the fourth quarter. RFG Advisory LLC now owns 3,989 shares of the company’s stock worth $380,000 after purchasing an additional 116 shares during the last quarter. Alteri Wealth LLC boosted its position in iShares MBS ETF by 0.6% during the fourth quarter. Alteri Wealth LLC now owns 18,467 shares of the company’s stock worth $1,758,000 after purchasing an additional 118 shares in the last quarter. Merkkuri Wealth Advisors LLC boosted its position in iShares MBS ETF by 1.2% during the first quarter. Merkkuri Wealth Advisors LLC now owns 9,944 shares of the company’s stock worth $944,000 after purchasing an additional 120 shares in the last quarter. Finally, Signature Equity Partners LLC boosted its position in iShares MBS ETF by 27.4% during the first quarter. Signature Equity Partners LLC now owns 562 shares of the company’s stock worth $53,000 after purchasing an additional 121 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Down 0.2%

iShares MBS ETF stock traded down $0.18 during trading hours on Tuesday, hitting $92.53. The stock had a trading volume of 1,299,831 shares, compared to its average volume of 2,491,380. iShares MBS ETF has a 1-year low of $92.28 and a 1-year high of $96.96. The stock’s fifty day moving average is $93.36 and its two-hundred day moving average is $94.34.

iShares MBS ETF Announces Dividend

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