iShares MBS ETF $MBB Shares Sold by Swmg LLC

Swmg LLC reduced its position in shares of iShares MBS ETF (NASDAQ:MBB) by 45.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,392 shares of the company’s stock after selling 25,103 shares during the period. iShares MBS ETF makes up about 1.0% of Swmg LLC’s investment portfolio, making the stock its 21st largest position. Swmg LLC’s holdings in iShares MBS ETF were worth $2,824,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of MBB. IMG Wealth Management Inc. purchased a new position in iShares MBS ETF in the 1st quarter worth about $30,000. LRI Investments LLC purchased a new position in iShares MBS ETF in the 2nd quarter worth about $30,000. Headlands Technologies LLC purchased a new position in iShares MBS ETF in the 1st quarter worth about $31,000. Flaharty Asset Management LLC purchased a new position in iShares MBS ETF in the 1st quarter worth about $34,000. Finally, MassMutual Private Wealth & Trust FSB increased its stake in iShares MBS ETF by 317.2% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock worth $36,000 after purchasing an additional 295 shares in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

Shares of MBB opened at $95.88 on Friday. The business’s 50-day moving average price is $94.74 and its 200 day moving average price is $93.47. iShares MBS ETF has a 1-year low of $90.28 and a 1-year high of $95.97.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.3363 per share. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Wednesday, October 1st.

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).