RFG Advisory LLC Lowers Holdings in iShares MBS ETF $MBB

RFG Advisory LLC lessened its stake in iShares MBS ETF (NASDAQ:MBB) by 49.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,263 shares of the company’s stock after selling 5,251 shares during the quarter. RFG Advisory LLC’s holdings in iShares MBS ETF were worth $494,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. DAVENPORT & Co LLC raised its position in shares of iShares MBS ETF by 9.2% in the 2nd quarter. DAVENPORT & Co LLC now owns 7,323 shares of the company’s stock worth $688,000 after purchasing an additional 614 shares during the last quarter. J.W. Cole Advisors Inc. increased its holdings in iShares MBS ETF by 173.4% in the 1st quarter. J.W. Cole Advisors Inc. now owns 12,121 shares of the company’s stock worth $1,137,000 after buying an additional 7,687 shares in the last quarter. Keystone Global Partners LLC increased its holdings in iShares MBS ETF by 128.9% in the 2nd quarter. Keystone Global Partners LLC now owns 1,094 shares of the company’s stock worth $103,000 after buying an additional 616 shares in the last quarter. Golden State Wealth Management LLC increased its holdings in iShares MBS ETF by 54.6% in the 1st quarter. Golden State Wealth Management LLC now owns 3,994 shares of the company’s stock worth $375,000 after buying an additional 1,410 shares in the last quarter. Finally, Clarendon Private LLC increased its holdings in iShares MBS ETF by 5.3% in the 2nd quarter. Clarendon Private LLC now owns 10,479 shares of the company’s stock worth $984,000 after buying an additional 530 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.0%

NASDAQ MBB opened at $95.88 on Friday. iShares MBS ETF has a one year low of $90.28 and a one year high of $95.97. The stock has a 50-day moving average of $94.74 and a 200 day moving average of $93.47.

iShares MBS ETF Cuts Dividend

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

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).