iShares MBS ETF (NASDAQ:MBB) Shares Sold by Bank of Montreal Can

Bank of Montreal Can lessened its position in iShares MBS ETF (NASDAQ:MBBGet Rating) by 6.3% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 141,468 shares of the company’s stock after selling 9,539 shares during the period. Bank of Montreal Can’s holdings in iShares MBS ETF were worth $14,978,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. GHP Investment Advisors Inc. acquired a new position in shares of iShares MBS ETF in the first quarter valued at approximately $32,000. Fairfield Bush & CO. acquired a new position in shares of iShares MBS ETF in the first quarter valued at approximately $33,000. Tyler Stone Wealth Management acquired a new position in shares of iShares MBS ETF in the fourth quarter valued at approximately $34,000. IAG Wealth Partners LLC grew its holdings in iShares MBS ETF by 2,875.0% in the fourth quarter. IAG Wealth Partners LLC now owns 357 shares of the company’s stock valued at $38,000 after purchasing an additional 345 shares during the period. Finally, Vectors Research Management LLC grew its holdings in iShares MBS ETF by 93.0% in the fourth quarter. Vectors Research Management LLC now owns 357 shares of the company’s stock valued at $38,000 after purchasing an additional 172 shares during the period.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $96.39 on Monday. iShares MBS ETF has a 1 year low of $94.32 and a 1 year high of $108.72. The firm has a 50 day moving average price of $98.17 and a 200 day moving average price of $99.41.

iShares MBS ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, September 8th. Investors of record on Friday, September 2nd will be issued a $0.197 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 2.45%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend is Thursday, September 1st.

About iShares MBS ETF

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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).

See Also

Want to see what other hedge funds are holding MBB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MBS ETF (NASDAQ:MBBGet Rating).

Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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