Sage Advisory Services Ltd.Co. Sells 9,030 Shares of iShares MBS ETF $MBB

Sage Advisory Services Ltd.Co. lessened its holdings in iShares MBS ETF (NASDAQ:MBB) by 64.1% during the 4th quarter, Holdings Channel reports. The firm owned 5,064 shares of the company’s stock after selling 9,030 shares during the period. Sage Advisory Services Ltd.Co.’s holdings in iShares MBS ETF were worth $482,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Dynasty Wealth Management LLC boosted its stake in iShares MBS ETF by 10.8% during the 3rd quarter. Dynasty Wealth Management LLC now owns 1,649,146 shares of the company’s stock worth $156,916,000 after acquiring an additional 160,926 shares during the last quarter. Dakota Wealth Management increased its holdings in iShares MBS ETF by 20.9% during the third quarter. Dakota Wealth Management now owns 363,649 shares of the company’s stock worth $34,601,000 after buying an additional 62,909 shares during the last quarter. Avidian Wealth Enterprises LLC increased its holdings in iShares MBS ETF by 3.4% during the third quarter. Avidian Wealth Enterprises LLC now owns 709,399 shares of the company’s stock worth $67,499,000 after buying an additional 23,459 shares during the last quarter. Archford Capital Strategies LLC acquired a new position in iShares MBS ETF during the third quarter worth $5,600,000. Finally, Brookstone Capital Management increased its holdings in iShares MBS ETF by 3.2% during the fourth quarter. Brookstone Capital Management now owns 308,428 shares of the company’s stock worth $29,368,000 after buying an additional 9,547 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB opened at $95.08 on Friday. iShares MBS ETF has a 1-year low of $91.19 and a 1-year high of $96.96. The company’s fifty day simple moving average is $95.41 and its 200 day simple moving average is $95.43.

iShares MBS ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were issued a dividend of $0.3329 per share. The ex-dividend date was Wednesday, April 1st. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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). 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).