WealthShield Partners LLC Sells 3,181 Shares of iShares MBS ETF (NASDAQ:MBB)

WealthShield Partners LLC cut its stake in iShares MBS ETF (NASDAQ:MBBFree Report) by 8.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 36,087 shares of the company’s stock after selling 3,181 shares during the quarter. WealthShield Partners LLC’s holdings in iShares MBS ETF were worth $3,395,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. TIAA Trust National Association acquired a new position in shares of iShares MBS ETF in the 3rd quarter valued at approximately $374,403,000. JPMorgan Chase & Co. grew its position in shares of iShares MBS ETF by 11.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,285,852 shares of the company’s stock valued at $2,422,987,000 after purchasing an additional 2,719,637 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new position in shares of iShares MBS ETF in the 3rd quarter valued at approximately $223,373,000. BlackRock Inc. grew its position in shares of iShares MBS ETF by 107.5% in the 1st quarter. BlackRock Inc. now owns 4,544,887 shares of the company’s stock valued at $430,537,000 after purchasing an additional 2,354,312 shares during the period. Finally, Adviser Investments LLC grew its position in shares of iShares MBS ETF by 66,732.0% in the 3rd quarter. Adviser Investments LLC now owns 1,794,440 shares of the company’s stock valued at $159,346,000 after purchasing an additional 1,791,755 shares during the period. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

Shares of MBB traded up $0.02 on Wednesday, hitting $91.53. The company’s stock had a trading volume of 1,126,185 shares, compared to its average volume of 2,611,247. iShares MBS ETF has a fifty-two week low of $85.28 and a fifty-two week high of $96.07. The firm’s fifty day moving average price is $92.24 and its 200-day moving average price is $91.04.

iShares MBS ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd will be given a dividend of $0.2827 per share. This represents a $3.39 dividend on an annualized basis and a yield of 3.71%. The ex-dividend date is Monday, April 1st.

About iShares MBS ETF

(Free Report)

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).

Further Reading

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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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