iShares MBS ETF $MBB Shares Sold by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC reduced its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 9.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,654 shares of the company’s stock after selling 1,096 shares during the quarter. Perennial Investment Advisors LLC’s holdings in iShares MBS ETF were worth $1,000,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC purchased a new position in iShares MBS ETF in the fourth quarter valued at about $273,000. J.W. Cole Advisors Inc. boosted its position in shares of iShares MBS ETF by 173.4% in the first 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 during the period. Allianz Asset Management GmbH grew its stake in shares of iShares MBS ETF by 23.4% in the first quarter. Allianz Asset Management GmbH now owns 572,009 shares of the company’s stock valued at $53,643,000 after buying an additional 108,309 shares in the last quarter. Proficio Capital Partners LLC grew its stake in shares of iShares MBS ETF by 8.9% in the first quarter. Proficio Capital Partners LLC now owns 92,519 shares of the company’s stock valued at $8,623,000 after buying an additional 7,555 shares in the last quarter. Finally, Quadrant Private Wealth Management LLC raised its holdings in shares of iShares MBS ETF by 9.9% during the 1st quarter. Quadrant Private Wealth Management LLC now owns 24,024 shares of the company’s stock valued at $2,253,000 after buying an additional 2,171 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

iShares MBS ETF stock opened at $95.06 on Wednesday. iShares MBS ETF has a one year low of $90.28 and a one year high of $96.25. The stock’s 50 day moving average price is $95.40 and its 200 day moving average price is $93.89.

iShares MBS ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were paid a $0.342 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.34. The ex-dividend date was Monday, November 3rd.

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).