Kingsview Wealth Management LLC Sells 86,842 Shares of iShares MBS ETF $MBB

Kingsview Wealth Management LLC trimmed its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 29.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 210,715 shares of the company’s stock after selling 86,842 shares during the quarter. Kingsview Wealth Management LLC’s holdings in iShares MBS ETF were worth $20,050,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Bank of America Corp DE lifted its position in iShares MBS ETF by 2.9% in the second quarter. Bank of America Corp DE now owns 64,329,626 shares of the company’s stock valued at $6,039,909,000 after purchasing an additional 1,796,449 shares during the last quarter. JPMorgan Chase & Co. boosted its position in iShares MBS ETF by 2.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock valued at $4,917,131,000 after buying an additional 1,182,620 shares during the period. Envestnet Asset Management Inc. boosted its position in iShares MBS ETF by 2.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 27,494,519 shares of the company’s stock valued at $2,616,104,000 after buying an additional 727,070 shares during the period. TIAA Trust National Association grew its holdings in iShares MBS ETF by 5.8% in the 3rd quarter. TIAA Trust National Association now owns 25,364,396 shares of the company’s stock worth $2,413,954,000 after acquiring an additional 1,399,487 shares during the last quarter. Finally, Fisher Asset Management LLC increased its position in shares of iShares MBS ETF by 5.7% in the third quarter. Fisher Asset Management LLC now owns 22,503,900 shares of the company’s stock valued at $2,141,246,000 after acquiring an additional 1,206,273 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Up 0.2%

iShares MBS ETF stock opened at $96.91 on Monday. iShares MBS ETF has a 1-year low of $90.84 and a 1-year high of $96.97. The firm has a 50-day moving average of $95.71 and a 200-day moving average of $95.32.

iShares MBS ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd will be given a $0.3278 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Monday, March 2nd.

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).