RHS Financial LLC Trims Stake in iShares MBS ETF $MBB

RHS Financial LLC lessened its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 26.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,325 shares of the company’s stock after selling 7,186 shares during the quarter. RHS Financial LLC’s holdings in iShares MBS ETF were worth $1,935,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of MBB. Delos Wealth Advisors LLC acquired a new stake in shares of iShares MBS ETF during the second quarter valued at $26,000. Howe & Rusling Inc. raised its stake in iShares MBS ETF by 184.0% in the 3rd quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock valued at $27,000 after purchasing an additional 184 shares during the last quarter. Westfuller Advisors LLC purchased a new position in iShares MBS ETF in the 3rd quarter valued at about $33,000. Aventura Private Wealth LLC purchased a new position in iShares MBS ETF in the 4th quarter valued at about $35,000. Finally, Wealth Watch Advisors INC acquired a new stake in shares of iShares MBS ETF during the 3rd quarter worth about $35,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.3%

Shares of NASDAQ MBB opened at $94.67 on Thursday. The company has a 50-day simple moving average of $95.56 and a 200-day simple moving average of $95.44. iShares MBS ETF has a 12 month low of $90.84 and a 12 month high of $96.96.

iShares MBS ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st will be given a dividend of $0.3329 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.33. The ex-dividend date is Wednesday, April 1st.

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). 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).