Stratos Wealth Advisors LLC Has $221,000 Position in iShares MBS ETF $MBB

Stratos Wealth Advisors LLC lessened its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 8.8% during the second quarter, Holdings Channel.com reports. The firm owned 2,356 shares of the company’s stock after selling 227 shares during the period. Stratos Wealth Advisors LLC’s holdings in iShares MBS ETF were worth $221,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in MBB. Brighton Jones LLC bought a new position in shares of iShares MBS ETF during the 4th quarter worth about $273,000. Jmac Enterprises LLC boosted its position in shares of iShares MBS ETF by 6.1% during the 1st quarter. Jmac Enterprises LLC now owns 44,344 shares of the company’s stock worth $4,159,000 after purchasing an additional 2,532 shares in the last quarter. Continuum Advisory LLC boosted its position in shares of iShares MBS ETF by 6.6% during the 1st quarter. Continuum Advisory LLC now owns 3,755 shares of the company’s stock worth $352,000 after purchasing an additional 233 shares in the last quarter. Vantage Point Financial LLC boosted its position in shares of iShares MBS ETF by 21.3% during the 1st quarter. Vantage Point Financial LLC now owns 3,559 shares of the company’s stock worth $334,000 after purchasing an additional 625 shares in the last quarter. Finally, Asset Management One Co. Ltd. boosted its position in shares of iShares MBS ETF by 4.2% during the 1st quarter. Asset Management One Co. Ltd. now owns 998,373 shares of the company’s stock worth $93,627,000 after purchasing an additional 40,689 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

MBB stock opened at $95.96 on Tuesday. The company’s 50-day moving average is $94.79 and its 200-day moving average is $93.47. iShares MBS ETF has a 1 year low of $90.28 and a 1 year high of $95.99.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were given a $0.3363 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 4.2%.

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).