iShares MBS ETF $MBB Shares Sold by Assetmark Inc.

Assetmark Inc. reduced its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 82.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 184,561 shares of the company’s stock after selling 852,752 shares during the period. Assetmark Inc.’s holdings in iShares MBS ETF were worth $17,561,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Lynx Investment Advisory grew its stake in shares of iShares MBS ETF by 4.5% during the third quarter. Lynx Investment Advisory now owns 2,575 shares of the company’s stock worth $245,000 after acquiring an additional 110 shares during the last quarter. Wedbush Securities Inc. raised its position in shares of iShares MBS ETF by 65.7% in the 3rd quarter. Wedbush Securities Inc. now owns 14,009 shares of the company’s stock valued at $1,333,000 after purchasing an additional 5,554 shares during the last quarter. Beacon Bridge Wealth Partners LLC boosted its stake in iShares MBS ETF by 4.3% in the 3rd quarter. Beacon Bridge Wealth Partners LLC now owns 110,640 shares of the company’s stock worth $10,527,000 after purchasing an additional 4,553 shares in the last quarter. Leuthold Group LLC grew its position in iShares MBS ETF by 26.4% during the 3rd quarter. Leuthold Group LLC now owns 84,496 shares of the company’s stock worth $8,040,000 after purchasing an additional 17,664 shares during the last quarter. Finally, Westover Capital Advisors LLC increased its stake in iShares MBS ETF by 21.4% during the 3rd quarter. Westover Capital Advisors LLC now owns 112,663 shares of the company’s stock valued at $10,720,000 after purchasing an additional 19,843 shares in the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Up 0.4%

NASDAQ MBB opened at $96.55 on Friday. iShares MBS ETF has a 12-month low of $90.84 and a 12-month high of $96.55. The company has a fifty day simple moving average of $95.44 and a two-hundred day simple moving average of $95.11.

iShares MBS ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.3347 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33. The ex-dividend date of this dividend was Monday, February 2nd.

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). 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).