RWA Wealth Partners LLC Reduces Stock Holdings in iShares MBS ETF $MBB

RWA Wealth Partners LLC decreased its holdings in iShares MBS ETF (NASDAQ:MBB) by 84.3% in the second quarter, HoldingsChannel.com reports. The firm owned 222,910 shares of the company’s stock after selling 1,192,725 shares during the quarter. RWA Wealth Partners LLC’s holdings in iShares MBS ETF were worth $20,929,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of MBB. LRI Investments LLC purchased a new stake in shares of iShares MBS ETF during the 2nd quarter valued at approximately $30,000. Headlands Technologies LLC purchased a new position in iShares MBS ETF during the 1st quarter worth $31,000. Tsfg LLC lifted its stake in shares of iShares MBS ETF by 106.8% in the 2nd quarter. Tsfg LLC now owns 335 shares of the company’s stock worth $31,000 after acquiring an additional 173 shares during the period. Flaharty Asset Management LLC acquired a new stake in shares of iShares MBS ETF in the first quarter valued at about $34,000. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in iShares MBS ETF by 317.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock valued at $36,000 after acquiring an additional 295 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

MBB opened at $95.40 on Friday. The business has a 50-day moving average of $95.30 and a two-hundred day moving average of $93.77. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $96.25.

iShares MBS ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were paid a dividend of $0.342 per share. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Monday, November 3rd. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.34.

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).