iShares MBS ETF (NASDAQ:MBB) Shares Sold by AdvisorNet Financial Inc

AdvisorNet Financial Inc lessened its stake in shares of iShares MBS ETF (NASDAQ:MBBGet Rating) by 5.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,394 shares of the company’s stock after selling 505 shares during the period. AdvisorNet Financial Inc’s holdings in iShares MBS ETF were worth $916,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of MBB. Bank of Montreal Can raised its holdings in iShares MBS ETF by 3.0% during the 4th quarter. Bank of Montreal Can now owns 151,007 shares of the company’s stock worth $16,241,000 after buying an additional 4,406 shares during the period. Fort Point Capital Partners LLC acquired a new position in shares of iShares MBS ETF in the 4th quarter valued at about $9,068,000. Blair William & Co. IL increased its holdings in shares of iShares MBS ETF by 17.6% in the 4th quarter. Blair William & Co. IL now owns 6,149 shares of the company’s stock valued at $661,000 after purchasing an additional 921 shares during the period. Clearstead Advisors LLC acquired a new position in shares of iShares MBS ETF in the 4th quarter valued at about $45,000. Finally, LPL Financial LLC increased its holdings in shares of iShares MBS ETF by 1.1% in the 4th quarter. LPL Financial LLC now owns 3,479,417 shares of the company’s stock valued at $373,794,000 after purchasing an additional 37,268 shares during the period.

iShares MBS ETF Stock Performance

NASDAQ:MBB opened at $94.43 on Friday. The stock’s 50 day moving average price is $97.75 and its 200 day moving average price is $98.69. iShares MBS ETF has a 52 week low of $94.20 and a 52 week high of $108.59.

iShares MBS ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, September 8th. Investors of record on Friday, September 2nd were issued a $0.197 dividend. The ex-dividend date was Thursday, September 1st. This represents a $2.36 dividend on an annualized basis and a yield of 2.50%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.18.

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

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

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