Syon Capital LLC Lowers Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Syon Capital LLC decreased its position in shares of iShares MBS ETF (NASDAQ:MBB) by 85.4% during the fourth quarter, HoldingsChannel reports. The firm owned 21,366 shares of the company’s stock after selling 125,282 shares during the period. Syon Capital LLC’s holdings in iShares MBS ETF were worth $2,010,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Simplicity Solutions LLC raised its position in iShares MBS ETF by 3.6% during the fourth quarter. Simplicity Solutions LLC now owns 3,367 shares of the company’s stock valued at $317,000 after purchasing an additional 117 shares in the last quarter. CoreCap Advisors LLC increased its holdings in shares of iShares MBS ETF by 4.4% in the fourth quarter. CoreCap Advisors LLC now owns 3,353 shares of the company’s stock worth $315,000 after buying an additional 142 shares during the period. Ellis Investment Partners LLC grew its stake in shares of iShares MBS ETF by 5.3% in the fourth quarter. Ellis Investment Partners LLC now owns 2,899 shares of the company’s stock worth $273,000 after purchasing an additional 146 shares during the last quarter. Proffitt & Goodson Inc. grew its stake in shares of iShares MBS ETF by 0.4% in the fourth quarter. Proffitt & Goodson Inc. now owns 35,782 shares of the company’s stock worth $3,366,000 after purchasing an additional 153 shares during the last quarter. Finally, Hsbc Holdings PLC grew its stake in shares of iShares MBS ETF by 0.6% in the third quarter. Hsbc Holdings PLC now owns 27,579 shares of the company’s stock worth $2,449,000 after purchasing an additional 161 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.4 %

Shares of NASDAQ MBB traded up $0.36 during trading hours on Friday, hitting $89.80. The company’s stock had a trading volume of 2,052,660 shares, compared to its average volume of 2,710,366. The business has a 50-day simple moving average of $91.46 and a 200-day simple moving average of $91.18. iShares MBS ETF has a 12 month low of $85.28 and a 12 month high of $95.70.

iShares MBS ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a $0.2827 dividend. The ex-dividend date was Monday, April 1st. This represents a $3.39 dividend on an annualized basis and a dividend yield of 3.78%.

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).