iShares MBS ETF (NASDAQ:MBB) Shares Sold by Global Financial Private Client LLC

Global Financial Private Client LLC lessened its holdings in iShares MBS ETF (NASDAQ:MBB) by 9.9% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,856 shares of the company’s stock after selling 313 shares during the period. Global Financial Private Client LLC’s holdings in iShares MBS ETF were worth $268,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of MBB. Parallel Advisors LLC boosted its stake in shares of iShares MBS ETF by 35.1% in the 1st quarter. Parallel Advisors LLC now owns 31,228 shares of the company’s stock valued at $2,929,000 after buying an additional 8,111 shares during the period. Tompkins Financial Corp raised its holdings in iShares MBS ETF by 51.7% in 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 in the last quarter. AdvisorNet Financial Inc lifted its stake in iShares MBS ETF by 4.4% in the first quarter. AdvisorNet Financial Inc now owns 4,918 shares of the company’s stock worth $461,000 after acquiring an additional 208 shares during the last quarter. M1 Capital Management LLC purchased a new position in iShares MBS ETF in the fourth quarter worth approximately $1,364,000. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in iShares MBS ETF by 35.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 207,197 shares of the company’s stock worth $18,996,000 after acquiring an additional 54,659 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $92.52 on Friday. iShares MBS ETF has a 52 week low of $90.28 and a 52 week high of $96.76. The company’s 50 day moving average is $92.66 and its two-hundred day moving average is $92.53.

iShares MBS ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were paid a dividend of $0.3255 per share. The ex-dividend date was Thursday, May 1st. This represents a $3.91 dividend on an annualized basis and a dividend yield of 4.22%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.31.

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).