Atria Wealth Solutions Inc. Trims Position in iShares MBS ETF $MBB

Atria Wealth Solutions Inc. trimmed its holdings in iShares MBS ETF (NASDAQ:MBB) by 34.9% in the second quarter, Holdings Channel.com reports. The institutional investor owned 202,581 shares of the company’s stock after selling 108,744 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in iShares MBS ETF were worth $19,001,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Total Clarity Wealth Management Inc. acquired a new position in shares of iShares MBS ETF during the second quarter worth about $207,000. Lion Street Advisors LLC grew its position in iShares MBS ETF by 9.0% during the second quarter. Lion Street Advisors LLC now owns 20,455 shares of the company’s stock worth $1,920,000 after buying an additional 1,697 shares during the period. MGO One Seven LLC grew its position in iShares MBS ETF by 218.0% during the second quarter. MGO One Seven LLC now owns 18,773 shares of the company’s stock worth $1,763,000 after buying an additional 12,870 shares during the period. ONE Advisory Partners LLC grew its position in iShares MBS ETF by 13.0% during the second quarter. ONE Advisory Partners LLC now owns 5,066 shares of the company’s stock worth $471,000 after buying an additional 582 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its position in iShares MBS ETF by 0.8% during the second quarter. Allspring Global Investments Holdings LLC now owns 196,005 shares of the company’s stock worth $18,403,000 after buying an additional 1,466 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

Shares of MBB opened at $95.28 on Monday. The firm’s 50-day moving average is $94.55 and its two-hundred day moving average is $93.40. iShares MBS ETF has a twelve month low of $90.28 and a twelve month high of $95.97.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were given a $0.3363 dividend. The ex-dividend date was Wednesday, October 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).