iShares MBS ETF $MBB Shares Sold by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC lessened its stake in iShares MBS ETF (NASDAQ:MBB) by 5.5% in the second quarter, Holdings Channel reports. The fund owned 81,466 shares of the company’s stock after selling 4,755 shares during the quarter. iShares MBS ETF makes up about 1.4% of Impact Partnership Wealth LLC’s holdings, making the stock its 17th biggest holding. Impact Partnership Wealth LLC’s holdings in iShares MBS ETF were worth $7,649,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in MBB. Envestnet Asset Management Inc. increased its stake in iShares MBS ETF by 0.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 26,767,449 shares of the company’s stock worth $2,513,079,000 after buying an additional 153,806 shares during the period. LPL Financial LLC grew its stake in shares of iShares MBS ETF by 11.0% during the first quarter. LPL Financial LLC now owns 24,262,602 shares of the company’s stock valued at $2,275,347,000 after acquiring an additional 2,404,586 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of iShares MBS ETF by 0.3% in the first quarter. PNC Financial Services Group Inc. now owns 2,939,526 shares of the company’s stock worth $275,669,000 after acquiring an additional 8,399 shares in the last quarter. Renaissancere Holdings Ltd. purchased a new position in iShares MBS ETF in the first quarter valued at about $267,782,000. Finally, Cetera Investment Advisers grew its stake in iShares MBS ETF by 17.5% during the 1st quarter. Cetera Investment Advisers now owns 1,863,533 shares of the company’s stock valued at $174,762,000 after purchasing an additional 277,926 shares in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

MBB stock opened at $95.59 on Thursday. The firm has a 50 day simple moving average of $95.12 and a 200-day simple moving average of $93.64. iShares MBS ETF has a twelve month low of $90.28 and a twelve month high of $96.25.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.3363 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 4.2%.

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).