Blue Trust Inc. Sells 294,983 Shares of iShares MBS ETF $MBB

Blue Trust Inc. lessened its position in iShares MBS ETF (NASDAQ:MBB) by 22.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,010,090 shares of the company’s stock after selling 294,983 shares during the quarter. iShares MBS ETF makes up about 1.1% of Blue Trust Inc.’s portfolio, making the stock its 20th biggest position. Blue Trust Inc. owned about 0.25% of iShares MBS ETF worth $95,908,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. RFG Advisory LLC grew its stake in shares of iShares MBS ETF by 3.0% during the 4th quarter. RFG Advisory LLC now owns 3,989 shares of the company’s stock worth $380,000 after acquiring an additional 116 shares in the last quarter. Alteri Wealth LLC raised its holdings in shares of iShares MBS ETF by 0.6% in the fourth quarter. Alteri Wealth LLC now owns 18,467 shares of the company’s stock valued at $1,758,000 after purchasing an additional 118 shares during the last quarter. Tompkins Financial Corp lifted its position in shares of iShares MBS ETF by 15.1% in the fourth quarter. Tompkins Financial Corp now owns 915 shares of the company’s stock worth $87,000 after purchasing an additional 120 shares in the last quarter. Quest 10 Wealth Builders Inc. lifted its position in shares of iShares MBS ETF by 28.2% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 568 shares of the company’s stock worth $54,000 after purchasing an additional 125 shares in the last quarter. Finally, Carr Financial Group Corp boosted its holdings in iShares MBS ETF by 1.4% during the fourth quarter. Carr Financial Group Corp now owns 9,021 shares of the company’s stock worth $859,000 after purchasing an additional 127 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $94.75 on Thursday. The company’s 50-day moving average price is $94.48 and its two-hundred day moving average price is $95.09. iShares MBS ETF has a one year low of $92.40 and a one year high of $96.96.

iShares MBS ETF Cuts Dividend

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

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).