MML Investors Services LLC Sells 111,553 Shares of iShares MBS ETF $MBB

MML Investors Services LLC decreased its position in iShares MBS ETF (NASDAQ:MBB) by 6.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,746,573 shares of the company’s stock after selling 111,553 shares during the quarter. MML Investors Services LLC’s holdings in iShares MBS ETF were worth $166,309,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Mariner LLC grew its stake in shares of iShares MBS ETF by 3.3% in the 4th quarter. Mariner LLC now owns 213,572 shares of the company’s stock worth $20,336,000 after acquiring an additional 6,834 shares in the last quarter. Mill Creek Capital Advisors LLC grew its stake in shares of iShares MBS ETF by 7.5% in the 4th quarter. Mill Creek Capital Advisors LLC now owns 746,585 shares of the company’s stock worth $71,090,000 after acquiring an additional 51,797 shares in the last quarter. Focus Partners Wealth grew its stake in shares of iShares MBS ETF by 2.5% in the 4th quarter. Focus Partners Wealth now owns 116,903 shares of the company’s stock worth $11,132,000 after acquiring an additional 2,887 shares in the last quarter. Fort Point Capital Partners LLC grew its stake in shares of iShares MBS ETF by 9.2% in the 4th quarter. Fort Point Capital Partners LLC now owns 69,704 shares of the company’s stock worth $6,668,000 after acquiring an additional 5,882 shares in the last quarter. Finally, Icon Wealth Advisors LLC grew its stake in shares of iShares MBS ETF by 2.1% in the 4th quarter. Icon Wealth Advisors LLC now owns 130,348 shares of the company’s stock worth $12,412,000 after acquiring an additional 2,664 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

NASDAQ MBB opened at $94.38 on Monday. iShares MBS ETF has a 1 year low of $92.38 and a 1 year high of $96.96. The company has a fifty day moving average price of $94.56 and a 200-day moving average price of $95.15.

iShares MBS ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.3334 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.2%.

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). 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).