iShares MBS ETF $MBB Shares Sold by Sage Advisory Services Ltd.Co.

Sage Advisory Services Ltd.Co. trimmed its holdings in iShares MBS ETF (NASDAQ:MBB) by 92.8% in the third quarter, HoldingsChannel.com reports. The firm owned 14,094 shares of the company’s stock after selling 181,094 shares during the quarter. iShares MBS ETF comprises about 0.7% of Sage Advisory Services Ltd.Co.’s investment portfolio, making the stock its 27th largest holding. Sage Advisory Services Ltd.Co.’s holdings in iShares MBS ETF were worth $1,341,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Security Financial Services INC. boosted its holdings in shares of iShares MBS ETF by 5.9% in the 3rd quarter. Security Financial Services INC. now owns 121,000 shares of the company’s stock valued at $11,513,000 after buying an additional 6,789 shares in the last quarter. Ironwood Investment Counsel LLC purchased a new stake in iShares MBS ETF in the second quarter valued at $206,000. Dynasty Wealth Management LLC lifted its position in iShares MBS ETF by 10.8% in the third quarter. Dynasty Wealth Management LLC now owns 1,649,146 shares of the company’s stock valued at $156,916,000 after acquiring an additional 160,926 shares during the last quarter. Global Retirement Partners LLC acquired a new position in iShares MBS ETF in the second quarter valued at $18,788,000. Finally, Avidian Wealth Enterprises LLC grew its holdings in shares of 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 purchasing an additional 23,459 shares during the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Up 0.3%

MBB opened at $95.84 on Wednesday. iShares MBS ETF has a one year low of $90.84 and a one year high of $96.25. The business’s 50-day simple moving average is $95.39 and its 200-day simple moving average is $95.06.

iShares MBS ETF Increases Dividend

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