Alesco Advisors LLC Has $209,000 Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Alesco Advisors LLC trimmed its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 71.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,220 shares of the company’s stock after selling 5,650 shares during the period. Alesco Advisors LLC’s holdings in iShares MBS ETF were worth $209,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Register Financial Advisors LLC boosted its position in shares of iShares MBS ETF by 584.6% in the fourth quarter. Register Financial Advisors LLC now owns 267 shares of the company’s stock worth $25,000 after buying an additional 228 shares during the period. BluePath Capital Management LLC acquired a new stake in iShares MBS ETF during the 3rd quarter worth about $26,000. LFA Lugano Financial Advisors SA purchased a new position in iShares MBS ETF during the 4th quarter valued at about $28,000. Avior Wealth Management LLC increased its holdings in shares of iShares MBS ETF by 535.3% in the 3rd quarter. Avior Wealth Management LLC now owns 324 shares of the company’s stock valued at $29,000 after purchasing an additional 273 shares during the period. Finally, Kozak & Associates Inc. purchased a new stake in shares of iShares MBS ETF in the fourth quarter worth approximately $31,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB traded up $0.36 on Friday, reaching $89.80. 2,052,660 shares of the company traded hands, compared to its average volume of 2,710,366. The stock’s 50 day moving average price is $91.43 and its 200-day moving average price is $91.19. iShares MBS ETF has a 52-week low of $85.28 and a 52-week high of $95.70.

iShares MBS ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.2827 per share. This represents a $3.39 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date of this dividend was Monday, April 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).