iShares MBS ETF $MBB Shares Sold by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC trimmed its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 18.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,655 shares of the company’s stock after selling 608 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in iShares MBS ETF were worth $249,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of MBB. IMG Wealth Management Inc. acquired a new stake in shares of iShares MBS ETF in the 1st quarter worth about $30,000. LRI Investments LLC acquired a new stake in shares of iShares MBS ETF in the 2nd quarter worth about $30,000. Headlands Technologies LLC acquired a new stake in shares of iShares MBS ETF in the 1st quarter worth about $31,000. Flaharty Asset Management LLC acquired a new stake in shares of iShares MBS ETF in the 1st quarter worth about $34,000. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in shares of 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 acquiring an additional 295 shares during the period. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.2%

MBB stock opened at $96.12 on Wednesday. iShares MBS ETF has a fifty-two week low of $90.28 and a fifty-two week high of $96.20. The firm’s 50-day simple moving average is $94.84 and its 200 day simple moving average is $93.49.

iShares MBS ETF Cuts Dividend

The company 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) dividend on an annualized basis and a dividend 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).