iShares MBS ETF $MBB Shares Sold by IFG Advisory LLC

IFG Advisory LLC lessened its stake in iShares MBS ETF (NASDAQ:MBB) by 7.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 160,720 shares of the company’s stock after selling 13,234 shares during the period. IFG Advisory LLC’s holdings in iShares MBS ETF were worth $14,404,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the stock. Shelter Ins Retirement Plan bought a new position in iShares MBS ETF in the 2nd quarter valued at $12,335,042,000. Envestnet Asset Management Inc. increased its stake in shares of iShares MBS ETF by 6.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 30,910,875 shares of the company’s stock valued at $2,921,648,000 after buying an additional 2,006,656 shares during the period. Allworth Financial LP increased its stake in shares of iShares MBS ETF by 19.1% in the 3rd quarter. Allworth Financial LP now owns 3,613,057 shares of the company’s stock valued at $341,506,000 after buying an additional 578,164 shares during the period. PNC Financial Services Group Inc. raised its position in shares of iShares MBS ETF by 3.5% during the first quarter. PNC Financial Services Group Inc. now owns 3,106,470 shares of the company’s stock worth $294,959,000 after acquiring an additional 106,144 shares during the last quarter. Finally, Midland Wealth Advisors LLC raised its position in shares of iShares MBS ETF by 26.9% during the third quarter. Midland Wealth Advisors LLC now owns 3,196,616 shares of the company’s stock worth $286,481,000 after acquiring an additional 677,722 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.1%

Shares of MBB traded down $0.09 during trading hours on Friday, hitting $90.36. 2,480,979 shares of the stock traded hands, compared to its average volume of 3,386,129. iShares MBS ETF has a 1-year low of $88.58 and a 1-year high of $96.96. The business has a fifty day moving average of $90.87 and a 200-day moving average of $93.58.

iShares MBS ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were given a $0.3471 dividend. The ex-dividend date was Monday, November 2nd. This represents a $4.17 annualized dividend and a dividend yield of 4.6%. This is a decrease from iShares MBS ETF’s previous monthly dividend of $0.3662.

iShares MBS ETF 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).