Vise Technologies Inc. Sells 127,529 Shares of iShares MBS ETF $MBB

Vise Technologies Inc. reduced its position in shares of iShares MBS ETF (NASDAQ:MBB) by 29.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 302,110 shares of the company’s stock after selling 127,529 shares during the quarter. Vise Technologies Inc. owned 0.08% of iShares MBS ETF worth $27,075,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its holdings in iShares MBS ETF by 6.9% in the second quarter. Envestnet Asset Management Inc. now owns 30,910,875 shares of the company’s stock valued at $2,921,648,000 after purchasing an additional 2,006,656 shares during the last quarter. Midland Wealth Advisors LLC boosted its position in shares of iShares MBS ETF by 26.9% in the 3rd quarter. Midland Wealth Advisors LLC now owns 3,196,616 shares of the company’s stock worth $286,481,000 after buying an additional 677,722 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in iShares MBS ETF by 3.5% during the first quarter. PNC Financial Services Group Inc. now owns 3,106,470 shares of the company’s stock worth $294,959,000 after acquiring an additional 106,144 shares during the last quarter. Bank of New York Mellon Corp grew its stake in iShares MBS ETF by 9.5% in the first quarter. Bank of New York Mellon Corp now owns 2,314,725 shares of the company’s stock worth $219,783,000 after purchasing an additional 201,354 shares in the last quarter. Finally, Sei Investments Co. raised its position in shares of iShares MBS ETF by 5.2% during the 1st quarter. Sei Investments Co. now owns 2,194,447 shares of the company’s stock worth $208,335,000 after buying an additional 108,361 shares in the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Up 0.4%

Shares of MBB opened at $92.05 on Friday. The company’s fifty day moving average price is $91.20 and its 200 day moving average price is $93.79. iShares MBS ETF has a one year low of $88.58 and a one year high of $96.96.

iShares MBS ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a dividend of $0.3662 per share. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $4.39 dividend on an annualized basis and a yield of 4.8%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.3388.

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).