iShares MBS ETF (NASDAQ:MBB) Shares Sold by Wolverine Asset Management LLC

Wolverine Asset Management LLC trimmed its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 82.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,238 shares of the company’s stock after selling 20,243 shares during the quarter. Wolverine Asset Management LLC’s holdings in iShares MBS ETF were worth $399,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. NewSquare Capital LLC increased its position in shares of iShares MBS ETF by 4.1% during the 4th quarter. NewSquare Capital LLC now owns 161,153 shares of the company’s stock worth $15,161,000 after purchasing an additional 6,328 shares during the last quarter. Park Avenue Institutional Advisers LLC grew its position in iShares MBS ETF by 15.9% in the 4th quarter. Park Avenue Institutional Advisers LLC now owns 152,000 shares of the company’s stock valued at $14,300,000 after acquiring an additional 20,900 shares in the last quarter. Aspire Private Capital LLC grew its position in iShares MBS ETF by 4.1% in the 4th quarter. Aspire Private Capital LLC now owns 6,181 shares of the company’s stock valued at $582,000 after acquiring an additional 242 shares in the last quarter. RWA Wealth Partners LLC grew its position in iShares MBS ETF by 24.6% in the 4th quarter. RWA Wealth Partners LLC now owns 2,235,560 shares of the company’s stock valued at $210,322,000 after acquiring an additional 441,120 shares in the last quarter. Finally, Kelman Lazarov Inc. grew its position in iShares MBS ETF by 1,974.3% in the 4th quarter. Kelman Lazarov Inc. now owns 67,041 shares of the company’s stock valued at $6,307,000 after acquiring an additional 63,809 shares in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.4 %

NASDAQ MBB opened at $89.80 on Friday. The stock has a 50-day moving average of $91.43 and a two-hundred day moving average of $91.21. iShares MBS ETF has a 1-year low of $85.28 and a 1-year high of $95.70.

iShares MBS ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a $0.2827 dividend. This represents a $3.39 annualized dividend and a yield of 3.78%. The ex-dividend date of this dividend was Monday, April 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).