ORG Wealth Partners LLC Cuts Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

ORG Wealth Partners LLC cut its stake in iShares MBS ETF (NASDAQ:MBB) by 1.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,200 shares of the company’s stock after selling 169 shares during the period. iShares MBS ETF comprises about 0.6% of ORG Wealth Partners LLC’s holdings, making the stock its 17th largest holding. ORG Wealth Partners LLC’s holdings in iShares MBS ETF were worth $1,577,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC acquired a new stake in shares of iShares MBS ETF during the 2nd quarter worth about $154,000. Coldstream Capital Management Inc. boosted its holdings in shares of iShares MBS ETF by 48.4% in the 2nd quarter. Coldstream Capital Management Inc. now owns 11,535 shares of the company’s stock valued at $1,059,000 after buying an additional 3,762 shares in the last quarter. Beverly Hills Private Wealth LLC raised its stake in iShares MBS ETF by 17.8% during the 2nd quarter. Beverly Hills Private Wealth LLC now owns 11,031 shares of the company’s stock worth $1,013,000 after acquiring an additional 1,664 shares in the last quarter. Wealthgarden F.S. LLC purchased a new stake in iShares MBS ETF in the second quarter valued at $829,000. Finally, Oppenheimer & Co. Inc. grew its holdings in shares of iShares MBS ETF by 7.1% during the second quarter. Oppenheimer & Co. Inc. now owns 16,422 shares of the company’s stock worth $1,508,000 after purchasing an additional 1,083 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Down 0.6 %

Shares of iShares MBS ETF stock traded down $0.52 on Friday, hitting $90.65. The stock had a trading volume of 1,775,321 shares, compared to its average volume of 1,923,456. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76. The company’s 50 day moving average price is $92.43 and its 200 day moving average price is $93.62.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.2944 dividend. The ex-dividend date of this dividend was Wednesday, December 18th.

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).