144,239 iShares MBS ETF $MBB Shares Sold by Trek Financial LLC

Trek Financial LLC lessened its holdings in iShares MBS ETF (NASDAQ:MBB) by 91.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 14,281 shares of the company’s stock after selling 144,239 shares during the period. Trek Financial LLC’s holdings in iShares MBS ETF were worth $1,280,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Field & Main Bank purchased a new position in iShares MBS ETF during the second quarter valued at approximately $30,000. Montgomery Financial Services LLC purchased a new stake in iShares MBS ETF during the second quarter worth $27,000. Beaird Harris Wealth Management LLC purchased a new stake in iShares MBS ETF during the second quarter worth $34,000. Investors Research Corp lifted its holdings in iShares MBS ETF by 1,587.0% during the second quarter. Investors Research Corp now owns 388 shares of the company’s stock worth $37,000 after buying an additional 365 shares during the period. Finally, Beacon Financial Strategies CORP bought a new stake in iShares MBS ETF during the 2nd quarter valued at $38,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.3%

Shares of NASDAQ MBB opened at $91.73 on Tuesday. iShares MBS ETF has a 12-month low of $88.58 and a 12-month high of $96.96. The stock’s fifty day simple moving average is $91.17 and its two-hundred day simple moving average is $93.77.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, November 5th. Investors of record on Monday, November 2nd will be paid a dividend of $0.3471 per share. This is a decrease from iShares MBS ETF’s previous monthly dividend of $0.3662. The ex-dividend date is Monday, November 2nd. This represents a $4.17 dividend on an annualized basis and a dividend yield of 4.5%.

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).