Fairvoy Private Wealth LLC Decreases Stake in iShares MBS ETF $MBB

Fairvoy Private Wealth LLC lowered its position in iShares MBS ETF (NASDAQ:MBB) by 38.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,985 shares of the company’s stock after selling 1,861 shares during the quarter. Fairvoy Private Wealth LLC’s holdings in iShares MBS ETF were worth $280,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in MBB. J.W. Cole Advisors Inc. boosted its stake in iShares MBS ETF by 173.4% in the 1st quarter. J.W. Cole Advisors Inc. now owns 12,121 shares of the company’s stock worth $1,137,000 after purchasing an additional 7,687 shares during the period. Keystone Global Partners LLC boosted its stake in iShares MBS ETF by 128.9% in the 2nd quarter. Keystone Global Partners LLC now owns 1,094 shares of the company’s stock worth $103,000 after purchasing an additional 616 shares during the period. Golden State Wealth Management LLC boosted its stake in iShares MBS ETF by 54.6% in the 1st quarter. Golden State Wealth Management LLC now owns 3,994 shares of the company’s stock worth $375,000 after purchasing an additional 1,410 shares during the period. First American Trust FSB boosted its stake in iShares MBS ETF by 6.7% in the 1st quarter. First American Trust FSB now owns 59,257 shares of the company’s stock worth $5,557,000 after purchasing an additional 3,713 shares during the period. Finally, Wolverine Asset Management LLC bought a new position in iShares MBS ETF in the 1st quarter worth about $1,069,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $95.09 on Friday. The business has a 50-day simple moving average of $94.37 and a two-hundred day simple moving average of $93.33. iShares MBS ETF has a 52 week low of $90.28 and a 52 week high of $95.97.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be given a dividend of $0.3363 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Wednesday, October 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).