iShares MBS ETF $MBB Shares Sold by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC reduced its stake in iShares MBS ETF (NASDAQ:MBB) by 8.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 644,563 shares of the company’s stock after selling 58,596 shares during the period. Kovitz Investment Group Partners LLC owned approximately 0.15% of iShares MBS ETF worth $61,330,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of MBB. Delos Wealth Advisors LLC purchased a new stake in shares of iShares MBS ETF in the 2nd quarter valued at approximately $26,000. Howe & Rusling Inc. increased its holdings in iShares MBS ETF by 184.0% in the 3rd quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock valued at $27,000 after purchasing an additional 184 shares during the last quarter. Tsfg LLC increased its holdings in iShares MBS ETF by 106.8% in the 2nd quarter. Tsfg LLC now owns 335 shares of the company’s stock valued at $31,000 after purchasing an additional 173 shares during the last quarter. Westfuller Advisors LLC purchased a new stake in iShares MBS ETF in the third quarter valued at approximately $33,000. Finally, Evolution Wealth Management Inc. acquired a new position in iShares MBS ETF during the second quarter worth $39,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB opened at $96.35 on Friday. iShares MBS ETF has a 52 week low of $90.84 and a 52 week high of $96.55. The business has a fifty day simple moving average of $95.57 and a 200-day simple moving average of $95.21.

iShares MBS ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.3347 per share. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).