Advisory Services Network LLC Has $4.14 Million Position in iShares MBS ETF (NASDAQ:MBB)

Advisory Services Network LLC reduced its stake in iShares MBS ETF (NASDAQ:MBB) by 25.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 43,962 shares of the company’s stock after selling 14,989 shares during the period. Advisory Services Network LLC’s holdings in iShares MBS ETF were worth $4,136,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in MBB. Crewe Advisors LLC bought a new position in iShares MBS ETF in the 4th quarter valued at approximately $82,000. US Financial Advisors LLC raised its holdings in iShares MBS ETF by 7.2% in the 4th quarter. US Financial Advisors LLC now owns 22,670 shares of the company’s stock valued at $2,133,000 after buying an additional 1,518 shares during the last quarter. Buttonwood Financial Group LLC raised its holdings in iShares MBS ETF by 0.9% in the 4th quarter. Buttonwood Financial Group LLC now owns 30,211 shares of the company’s stock valued at $2,842,000 after buying an additional 269 shares during the last quarter. Delphi Financial Group Inc. raised its holdings in iShares MBS ETF by 23.5% during the 4th quarter. Delphi Financial Group Inc. now owns 20,500 shares of the company’s stock worth $1,929,000 after purchasing an additional 3,900 shares during the last quarter. Finally, Advocacy Wealth Management Services LLC bought a new position in iShares MBS ETF during the 4th quarter worth approximately $13,157,000. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.2 %

iShares MBS ETF stock traded up $0.16 during mid-day trading on Friday, hitting $91.06. 794,970 shares of the stock were exchanged, compared to its average volume of 2,586,091. iShares MBS ETF has a 12 month low of $85.28 and a 12 month high of $94.55. The firm’s fifty day simple moving average is $90.97 and its two-hundred day simple moving average is $91.73.

iShares MBS ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were issued a dividend of $0.2823 per share. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $3.39 annualized dividend and a yield of 3.72%.

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).