iShares MBS ETF (NASDAQ:MBB) Shares Sold by Fourth Dimension Wealth LLC

Fourth Dimension Wealth LLC lowered its position in shares of iShares MBS ETF (NASDAQ:MBB) by 4.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,582 shares of the company’s stock after selling 373 shares during the quarter. Fourth Dimension Wealth LLC’s holdings in iShares MBS ETF were worth $805,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in iShares MBS ETF by 49.2% during the fourth quarter. JPMorgan Chase & Co. now owns 51,720,881 shares of the company’s stock worth $4,741,789,000 after acquiring an additional 17,056,138 shares during the period. Proficio Capital Partners LLC raised its stake in 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 worth $504,100,000 after acquiring an additional 5,443,314 shares during the period. Essential Planning LLC. raised its position in shares of iShares MBS ETF by 6,413.4% during the 4th quarter. Essential Planning LLC. now owns 3,311,529 shares of the company’s stock worth $308,457,000 after purchasing an additional 3,260,687 shares during the period. LPL Financial LLC raised its position in shares of iShares MBS ETF by 13.9% during the 4th 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 increased its position 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 buying an additional 1,826,521 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.2%

Shares of NASDAQ MBB opened at $93.04 on Tuesday. iShares MBS ETF has a 1-year low of $90.28 and a 1-year high of $96.76. The business’s fifty day moving average price is $92.46 and its two-hundred day moving average price is $92.46.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were issued a $0.3251 dividend. The ex-dividend date was Monday, June 2nd. This represents a $3.90 dividend on an annualized basis and a dividend yield of 4.19%.

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).