iShares MBS ETF $MBB Position Lessened by Tortoise Investment Management LLC

Tortoise Investment Management LLC decreased its position in shares of iShares MBS ETF (NASDAQ:MBB) by 26.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 51,886 shares of the company’s stock after selling 18,945 shares during the period. Tortoise Investment Management LLC’s holdings in iShares MBS ETF were worth $4,937,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Security Financial Services INC. boosted its holdings in shares of iShares MBS ETF by 5.9% during the 3rd quarter. Security Financial Services INC. now owns 121,000 shares of the company’s stock worth $11,513,000 after buying an additional 6,789 shares during the period. Ironwood Investment Counsel LLC acquired a new position in iShares MBS ETF during the 2nd quarter worth $206,000. Dynasty Wealth Management LLC lifted its position in iShares MBS ETF by 10.8% during the 3rd quarter. Dynasty Wealth Management LLC now owns 1,649,146 shares of the company’s stock worth $156,916,000 after acquiring an additional 160,926 shares during the last quarter. Global Retirement Partners LLC bought a new stake in iShares MBS ETF during the second quarter valued at about $18,788,000. Finally, Dakota Wealth Management grew its position in shares of iShares MBS ETF by 20.9% in the third quarter. Dakota Wealth Management now owns 363,649 shares of the company’s stock valued at $34,601,000 after purchasing an additional 62,909 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.5%

iShares MBS ETF stock opened at $95.18 on Thursday. iShares MBS ETF has a 52 week low of $90.84 and a 52 week high of $96.96. The business’s 50-day simple moving average is $95.78 and its 200-day simple moving average is $95.43.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a $0.3278 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Monday, March 2nd.

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). 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).