iShares MBS ETF $MBB Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. lowered its position in shares of iShares MBS ETF (NASDAQ:MBB) by 9.0% in the first quarter, Holdings Channel.com reports. The fund owned 77,607 shares of the company’s stock after selling 7,709 shares during the quarter. Geneos Wealth Management Inc.’s holdings in iShares MBS ETF were worth $7,278,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Tompkins Financial Corp raised its holdings in shares of iShares MBS ETF by 51.7% during the first quarter. Tompkins Financial Corp now owns 320 shares of the company’s stock valued at $30,000 after acquiring an additional 109 shares during the last quarter. Curat Global LLC acquired a new position in shares of iShares MBS ETF during the first quarter valued at approximately $30,000. IMG Wealth Management Inc. acquired a new position in shares of iShares MBS ETF during the first quarter valued at approximately $30,000. Headlands Technologies LLC acquired a new position in shares of iShares MBS ETF during the first quarter valued at approximately $31,000. Finally, Flaharty Asset Management LLC acquired a new position in shares of iShares MBS ETF during the first quarter valued at approximately $34,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of iShares MBS ETF stock opened at $95.10 on Wednesday. The business has a 50 day simple moving average of $93.55 and a two-hundred day simple moving average of $93.10. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $96.76.

iShares MBS ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, September 2nd were given a $0.3383 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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).