Sequoia Financial Advisors LLC Has $3.21 Million Stake in iShares MBS ETF $MBB

Sequoia Financial Advisors LLC decreased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 34.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,710 shares of the company’s stock after selling 17,375 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares MBS ETF were worth $3,210,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Howe & Rusling Inc. increased its stake in shares of iShares MBS ETF by 184.0% in the third quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock valued at $27,000 after buying an additional 184 shares during the period. Westfuller Advisors LLC acquired a new position in shares of iShares MBS ETF in the third quarter valued at approximately $33,000. Aventura Private Wealth LLC acquired a new position in shares of iShares MBS ETF in the fourth quarter valued at approximately $35,000. Wealth Watch Advisors INC acquired a new position in shares of iShares MBS ETF in the third quarter valued at approximately $35,000. Finally, Dunhill Financial LLC increased its stake in shares of iShares MBS ETF by 3,554.5% in the fourth quarter. Dunhill Financial LLC now owns 402 shares of the company’s stock valued at $38,000 after buying an additional 391 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.3%

iShares MBS ETF stock opened at $94.91 on Friday. The business has a 50 day moving average of $95.15 and a 200-day moving average of $95.40. iShares MBS ETF has a 1 year low of $91.19 and a 1 year high of $96.96.

iShares MBS ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were paid a $0.3346 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 4.2%.

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).