Trajan Wealth LLC Trims Position in iShares MBS ETF $MBB

Trajan Wealth LLC lowered its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 22.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 27,515 shares of the company’s stock after selling 8,000 shares during the period. Trajan Wealth LLC’s holdings in iShares MBS ETF were worth $2,618,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in MBB. Bank of America Corp DE raised its stake in iShares MBS ETF by 2.9% during the 2nd quarter. Bank of America Corp DE now owns 64,329,626 shares of the company’s stock valued at $6,039,909,000 after acquiring an additional 1,796,449 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares MBS ETF by 2.3% during the third quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock worth $4,917,131,000 after purchasing an additional 1,182,620 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of iShares MBS ETF by 2.7% during the third quarter. Envestnet Asset Management Inc. now owns 27,494,519 shares of the company’s stock worth $2,616,104,000 after purchasing an additional 727,070 shares during the period. TIAA Trust National Association lifted its holdings in shares of iShares MBS ETF by 349.3% during the second quarter. TIAA Trust National Association now owns 23,964,909 shares of the company’s stock worth $2,245,510,000 after purchasing an additional 18,631,536 shares during the period. Finally, Fisher Asset Management LLC grew its position in iShares MBS ETF by 1.2% in the 2nd quarter. Fisher Asset Management LLC now owns 21,297,627 shares of the company’s stock valued at $1,999,634,000 after buying an additional 254,658 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB opened at $96.35 on Monday. iShares MBS ETF has a 1 year low of $90.84 and a 1 year high of $96.55. The company’s fifty day moving average is $95.57 and its two-hundred day moving average is $95.22.

iShares MBS ETF Increases Dividend

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

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).