Global Assets Advisory LLC Cuts Stake in iShares MBS ETF (NASDAQ:MBB)

Global Assets Advisory LLC cut its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 10.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,817 shares of the company’s stock after selling 643 shares during the quarter. Global Assets Advisory LLC’s holdings in iShares MBS ETF were worth $533,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Ignite Planners LLC lifted its stake in iShares MBS ETF by 4.9% in the fourth quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock worth $226,000 after purchasing an additional 115 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in iShares MBS ETF by 18.7% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 794 shares of the company’s stock valued at $73,000 after acquiring an additional 125 shares during the period. Fiduciary Trust Co grew its position in iShares MBS ETF by 1.4% during the 4th quarter. Fiduciary Trust Co now owns 10,851 shares of the company’s stock worth $995,000 after acquiring an additional 150 shares during the last quarter. WMG Financial Advisors LLC increased its stake in iShares MBS ETF by 4.3% in the 4th quarter. WMG Financial Advisors LLC now owns 3,692 shares of the company’s stock worth $338,000 after purchasing an additional 152 shares during the period. Finally, Latitude Advisors LLC lifted its position in iShares MBS ETF by 2.4% in the fourth quarter. Latitude Advisors LLC now owns 6,899 shares of the company’s stock valued at $632,000 after purchasing an additional 164 shares during the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

Shares of iShares MBS ETF stock opened at $92.68 on Friday. The company’s 50 day moving average price is $93.03 and its 200-day moving average price is $92.61. iShares MBS ETF has a 52-week low of $90.03 and a 52-week high of $96.76.

iShares MBS ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 6th. Shareholders of record on Thursday, May 1st were given a $0.3255 dividend. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.31. The ex-dividend date was Thursday, May 1st. This represents a $3.91 dividend on an annualized basis and a dividend yield of 4.21%.

About iShares MBS ETF

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).