80,958 iShares MBS ETF $MBB Shares Sold by TSA Wealth Managment LLC

TSA Wealth Managment LLC lessened its stake in iShares MBS ETF (NASDAQ:MBB) by 75.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,085 shares of the company’s stock after selling 80,958 shares during the period. TSA Wealth Managment LLC’s holdings in iShares MBS ETF were worth $2,338,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in MBB. NBT Bank N.A. acquired a new stake in iShares MBS ETF during the third quarter valued at $542,000. Root Financial Partners LLC acquired a new position in shares of iShares MBS ETF in the third quarter worth about $98,000. Carter Financial Group INC. boosted its stake in shares of iShares MBS ETF by 7.8% during the 3rd quarter. Carter Financial Group INC. now owns 10,658 shares of the company’s stock worth $955,000 after acquiring an additional 773 shares in the last quarter. SBI Securities Co. Ltd. boosted its stake in shares of iShares MBS ETF by 1,021.7% during the 3rd quarter. SBI Securities Co. Ltd. now owns 15,053 shares of the company’s stock worth $1,349,000 after acquiring an additional 13,711 shares in the last quarter. Finally, Cantor Fitzgerald Investment Advisors L.P. boosted its stake in shares of iShares MBS ETF by 5.9% during the 3rd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 20,916 shares of the company’s stock worth $1,875,000 after acquiring an additional 1,158 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB traded down $0.09 during trading on Friday, reaching $91.29. 8,085,049 shares of the company’s stock traded hands, compared to its average volume of 3,303,904. iShares MBS ETF has a fifty-two week low of $88.58 and a fifty-two week high of $96.96. The company has a 50-day simple moving average of $91.35 and a 200-day simple moving average of $93.18.

iShares MBS ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a $0.3662 dividend. This represents a $4.39 dividend on an annualized basis and a dividend yield of 4.8%. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.3388. The ex-dividend date was Thursday, October 1st.

iShares MBS ETF 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).