Corient Private Wealth LLC Sells 73,545 Shares of iShares MBS ETF $MBB

Corient Private Wealth LLC trimmed its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 16.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 386,247 shares of the company’s stock after selling 73,545 shares during the quarter. Corient Private Wealth LLC’s holdings in iShares MBS ETF were worth $36,785,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. ESL Trust Services LLC acquired a new stake in iShares MBS ETF in the fourth quarter valued at approximately $28,000. Nemes Rush Group LLC grew its stake in shares of iShares MBS ETF by 132.9% during the fourth quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock worth $34,000 after buying an additional 206 shares during the last quarter. Aventura Private Wealth LLC acquired a new position in shares of iShares MBS ETF during the fourth quarter worth $35,000. Wealth Watch Advisors INC acquired a new position in shares of iShares MBS ETF during the third quarter worth $35,000. Finally, Key Financial Inc lifted its stake in shares of iShares MBS ETF by 96.9% in the 4th quarter. Key Financial Inc now owns 380 shares of the company’s stock valued at $36,000 after acquiring an additional 187 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

Shares of MBB opened at $94.48 on Monday. iShares MBS ETF has a 52 week low of $92.40 and a 52 week high of $96.96. The stock has a fifty day moving average of $94.52 and a 200-day moving average of $95.11.

iShares MBS ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.3334 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Monday, June 1st.

iShares MBS ETF Company 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).