Capital Analysts LLC Trims Stock Position in iShares MBS ETF $MBB

Capital Analysts LLC cut its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 10.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 53,101 shares of the company’s stock after selling 6,503 shares during the period. Capital Analysts LLC’s holdings in iShares MBS ETF were worth $5,056,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Allianz Asset Management GmbH raised its stake in iShares MBS ETF by 7.2% during the 4th quarter. Allianz Asset Management GmbH now owns 708,348 shares of the company’s stock valued at $67,449,000 after acquiring an additional 47,272 shares during the last quarter. Alteri Wealth LLC raised its stake in iShares MBS ETF by 0.6% during the 4th quarter. Alteri Wealth LLC now owns 18,467 shares of the company’s stock valued at $1,758,000 after acquiring an additional 118 shares during the last quarter. Advocacy Wealth Management LLC raised its stake in shares of iShares MBS ETF by 3.3% during the 4th quarter. Advocacy Wealth Management LLC now owns 218,171 shares of the company’s stock worth $20,774,000 after buying an additional 7,056 shares in the last quarter. Commonwealth Retirement Investments LLC purchased a new position in shares of iShares MBS ETF during the 4th quarter worth approximately $74,000. Finally, TIAA Trust National Association raised its stake in shares of iShares MBS ETF by 2.5% during the 4th quarter. TIAA Trust National Association now owns 26,010,786 shares of the company’s stock worth $2,479,899,000 after buying an additional 646,390 shares in the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

Shares of MBB stock opened at $93.89 on Wednesday. The stock has a 50 day simple moving average of $94.59 and a 200-day simple moving average of $95.18. iShares MBS ETF has a 12-month low of $92.11 and a 12-month high of $96.96.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a dividend of $0.3334 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Monday, June 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).