Cerity Partners LLC Sells 108,286 Shares of iShares MBS ETF $MBB

Cerity Partners LLC decreased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 33.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 212,595 shares of the company’s stock after selling 108,286 shares during the period. Cerity Partners LLC’s holdings in iShares MBS ETF were worth $20,228,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Brighton Jones LLC purchased a new stake in iShares MBS ETF in the fourth quarter valued at approximately $273,000. AQR Capital Management LLC raised its position in shares of iShares MBS ETF by 11.4% during the 1st quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock valued at $950,000 after buying an additional 1,034 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of iShares MBS ETF by 13.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock worth $35,521,000 after acquiring an additional 43,527 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in iShares MBS ETF in the first quarter worth $98,713,000. Finally, Modern Wealth Management LLC increased its stake in iShares MBS ETF by 14.4% in the first quarter. Modern Wealth Management LLC now owns 155,925 shares of the company’s stock valued at $14,623,000 after acquiring an additional 19,602 shares during the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Up 0.6%

Shares of MBB stock opened at $95.80 on Friday. The business has a 50-day moving average price of $95.31 and a two-hundred day moving average price of $94.66. iShares MBS ETF has a 12-month low of $90.28 and a 12-month high of $96.25.

iShares MBS ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a $0.334 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a yield of 4.2%.

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). 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).