iShares MBS ETF $MBB Stock Sold by Simplicity Wealth LLC

Simplicity Wealth LLC lessened its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 92.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,395 shares of the company’s stock after selling 55,516 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares MBS ETF were worth $394,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sowell Financial Services LLC lifted its holdings in iShares MBS ETF by 12.3% in the 3rd quarter. Sowell Financial Services LLC now owns 24,020 shares of the company’s stock valued at $2,153,000 after purchasing an additional 2,627 shares in the last quarter. Evergreen Capital Management LLC acquired a new stake in iShares MBS ETF during the third quarter worth approximately $492,000. Gibbs Wealth Management purchased a new stake in iShares MBS ETF in the 3rd quarter worth approximately $309,000. Farmers & Merchants Investments Inc. purchased a new position in shares of iShares MBS ETF during the 3rd quarter worth $14,078,000. Finally, Capital Investment Advisors LLC increased its stake in iShares MBS ETF by 83.3% in the third quarter. Capital Investment Advisors LLC now owns 44,711 shares of the company’s stock valued at $4,007,000 after purchasing an additional 20,318 shares during the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $91.68 on Friday. The stock’s 50-day moving average price is $91.22 and its two-hundred day moving average price is $93.80. iShares MBS ETF has a 12-month low of $88.58 and a 12-month high of $96.96.

iShares MBS ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a dividend of $0.3662 per share. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.3388. This represents a $4.39 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Thursday, October 1st.

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). 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).