RHS Financial LLC Lowers Stock Holdings in iShares MBS ETF $MBB

RHS Financial LLC reduced its holdings in iShares MBS ETF (NASDAQ:MBB) by 26.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 20,325 shares of the company’s stock after selling 7,186 shares during the quarter. RHS Financial LLC’s holdings in iShares MBS ETF were worth $1,935,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Bank of America Corp DE grew its holdings in iShares MBS ETF by 11.8% in the 3rd quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock valued at $6,840,878,000 after buying an additional 7,566,099 shares during the period. Barclays PLC lifted its holdings in shares of iShares MBS ETF by 77.1% during the 3rd quarter. Barclays PLC now owns 7,632,784 shares of the company’s stock worth $726,259,000 after acquiring an additional 3,322,737 shares during the period. TIAA Trust National Association lifted its holdings in shares of iShares MBS ETF by 5.8% during 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 period. Fisher Asset Management LLC boosted 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 worth $2,141,246,000 after acquiring an additional 1,206,273 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of iShares MBS ETF by 2.3% in the third quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock worth $4,917,131,000 after acquiring an additional 1,182,620 shares during the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $94.67 on Thursday. iShares MBS ETF has a 1 year low of $90.84 and a 1 year high of $96.96. The firm has a 50 day moving average price of $95.56 and a 200 day moving average price of $95.44.

iShares MBS ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st will be paid a dividend of $0.3329 per share. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 4.2%. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.33.

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).