iShares MBS ETF (NASDAQ:MBB) Shares Sold by Avaii Wealth Management LLC

Avaii Wealth Management LLC cut its stake in iShares MBS ETF (NASDAQ:MBB) by 3.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 10,429 shares of the company’s stock after selling 418 shares during the quarter. Avaii Wealth Management LLC’s holdings in iShares MBS ETF were worth $981,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Register Financial Advisors LLC grew its holdings in shares of iShares MBS ETF by 584.6% during 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 last quarter. BluePath Capital Management LLC purchased a new stake in shares of iShares MBS ETF during the 3rd quarter valued at $26,000. LFA Lugano Financial Advisors SA purchased a new stake in iShares MBS ETF during the 4th quarter worth $28,000. Kozak & Associates Inc. purchased a new position in iShares MBS ETF in the 4th quarter valued at about $31,000. Finally, Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of iShares MBS ETF in the 4th quarter valued at about $34,000. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

NASDAQ MBB traded up $0.29 on Monday, hitting $90.09. The stock had a trading volume of 593,517 shares, compared to its average volume of 2,684,106. iShares MBS ETF has a one year low of $85.28 and a one year high of $95.70. The company’s 50-day moving average is $91.43 and its two-hundred day moving average is $91.23.

iShares MBS ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a $0.2827 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.39 dividend on an annualized basis and a yield of 3.77%.

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).