iShares MBS ETF $MBB Shares Sold by Park Avenue Securities LLC

Park Avenue Securities LLC decreased its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 2.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,323,631 shares of the company’s stock after selling 29,691 shares during the period. iShares MBS ETF accounts for 1.1% of Park Avenue Securities LLC’s investment portfolio, making the stock its 17th biggest position. Park Avenue Securities LLC owned approximately 0.32% of iShares MBS ETF worth $126,036,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in MBB. Delos Wealth Advisors LLC purchased a new stake in iShares MBS ETF during the 2nd quarter worth about $26,000. Howe & Rusling Inc. raised its stake in iShares MBS ETF by 184.0% in the 3rd quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock valued at $27,000 after purchasing an additional 184 shares during the last quarter. Westfuller Advisors LLC purchased a new position in iShares MBS ETF in the 3rd quarter valued at about $33,000. Wealth Watch Advisors INC purchased a new position in iShares MBS ETF in the 3rd quarter valued at about $35,000. Finally, Evolution Wealth Management Inc. acquired a new stake in shares of iShares MBS ETF during the 2nd quarter worth about $39,000. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Trading Up 0.1%

Shares of NASDAQ MBB opened at $95.10 on Friday. iShares MBS ETF has a 12 month low of $90.84 and a 12 month high of $96.96. The company has a 50-day simple moving average of $95.76 and a 200-day simple moving average of $95.46.

iShares MBS ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.3278 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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).