iShares MBS ETF $MBB Stock Holdings Trimmed by Avanda Investment Management Pte. Ltd.

Avanda Investment Management Pte. Ltd. trimmed its position in iShares MBS ETF (NASDAQ:MBB) by 54.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 112,618 shares of the company’s stock after selling 133,956 shares during the period. iShares MBS ETF comprises 10.7% of Avanda Investment Management Pte. Ltd.’s investment portfolio, making the stock its 3rd largest position. Avanda Investment Management Pte. Ltd.’s holdings in iShares MBS ETF were worth $10,723,000 at the end of the most recent reporting period.

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

iShares MBS ETF Price Performance

iShares MBS ETF stock opened at $94.38 on Friday. The business’s fifty day simple moving average is $94.56 and its two-hundred day simple moving average is $95.16. iShares MBS ETF has a 12 month low of $92.38 and a 12 month high of $96.96.

iShares MBS ETF Cuts Dividend

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

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).