McKinley Carter Wealth Services Inc. Sells 36,425 Shares of iShares MBS ETF (NASDAQ:MBB)

McKinley Carter Wealth Services Inc. reduced its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 41.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 51,277 shares of the company’s stock after selling 36,425 shares during the quarter. McKinley Carter Wealth Services Inc.’s holdings in iShares MBS ETF were worth $4,809,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its stake in iShares MBS ETF by 49.2% in the fourth quarter. JPMorgan Chase & Co. now owns 51,720,881 shares of the company’s stock worth $4,741,789,000 after buying an additional 17,056,138 shares in the last quarter. Proficio Capital Partners LLC boosted its position in shares of iShares MBS ETF by 9,869.1% during the fourth quarter. Proficio Capital Partners LLC now owns 5,498,469 shares of the company’s stock valued at $504,100,000 after purchasing an additional 5,443,314 shares in the last quarter. Essential Planning LLC. boosted its position in shares of iShares MBS ETF by 6,413.4% during the fourth quarter. Essential Planning LLC. now owns 3,311,529 shares of the company’s stock valued at $308,457,000 after purchasing an additional 3,260,687 shares in the last quarter. LPL Financial LLC grew its stake in iShares MBS ETF by 13.9% in the fourth quarter. LPL Financial LLC now owns 21,858,016 shares of the company’s stock worth $2,003,943,000 after purchasing an additional 2,668,319 shares during the period. Finally, Bank of America Corp DE raised its holdings in iShares MBS ETF by 2.5% in the fourth quarter. Bank of America Corp DE now owns 75,986,265 shares of the company’s stock worth $6,966,421,000 after purchasing an additional 1,826,521 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Up 0.3%

NASDAQ:MBB opened at $92.27 on Wednesday. The firm’s 50-day moving average price is $92.46 and its 200-day moving average price is $92.52. iShares MBS ETF has a 1-year low of $90.28 and a 1-year high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were given a $0.3251 dividend. This represents a $3.90 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date was Monday, June 2nd.

About iShares MBS ETF

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).