iShares MBS ETF $MBB Shares Sold by Financial Advocates Investment Management

Financial Advocates Investment Management reduced its position in shares of iShares MBS ETF (NASDAQ:MBB) by 90.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,174 shares of the company’s stock after selling 150,499 shares during the quarter. Financial Advocates Investment Management’s holdings in iShares MBS ETF were worth $1,444,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of MBB. Security Financial Services INC. increased its holdings in iShares MBS ETF by 5.9% in the 3rd quarter. Security Financial Services INC. now owns 121,000 shares of the company’s stock worth $11,513,000 after acquiring an additional 6,789 shares in the last quarter. Ironwood Investment Counsel LLC acquired a new stake in shares of iShares MBS ETF in the second quarter valued at about $206,000. Dynasty Wealth Management LLC increased its stake in shares of iShares MBS ETF by 10.8% during the third quarter. Dynasty Wealth Management LLC now owns 1,649,146 shares of the company’s stock worth $156,916,000 after purchasing an additional 160,926 shares in the last quarter. Global Retirement Partners LLC purchased a new stake in shares of iShares MBS ETF during the second quarter worth about $18,788,000. Finally, Avidian Wealth Enterprises LLC raised its position in shares of iShares MBS ETF by 3.4% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 709,399 shares of the company’s stock worth $67,499,000 after purchasing an additional 23,459 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.5%

Shares of iShares MBS ETF stock opened at $96.14 on Friday. iShares MBS ETF has a twelve month low of $90.84 and a twelve month high of $96.25. The firm’s 50-day moving average price is $95.41 and its 200 day moving average price is $95.07.

iShares MBS ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a $0.3347 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.33. The ex-dividend date was Monday, February 2nd.

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).