Constellation Investments Inc. Sells 52,076 Shares of iShares MBS ETF $MBB

Constellation Investments Inc. decreased its stake in iShares MBS ETF (NASDAQ:MBB) by 9.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 495,924 shares of the company’s stock after selling 52,076 shares during the period. iShares MBS ETF accounts for 2.2% of Constellation Investments Inc.’s portfolio, making the stock its 9th largest position. Constellation Investments Inc. owned approximately 0.11% of iShares MBS ETF worth $47,187,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. FSC Wealth Advisors LLC lifted its stake in iShares MBS ETF by 1.3% in the second quarter. FSC Wealth Advisors LLC now owns 8,559 shares of the company’s stock valued at $804,000 after buying an additional 107 shares during the last quarter. Creekmur Asset Management LLC increased its holdings in shares of iShares MBS ETF by 21.5% in the 2nd quarter. Creekmur Asset Management LLC now owns 621 shares of the company’s stock worth $58,000 after acquiring an additional 110 shares during the period. OMNI 360 Wealth Inc. lifted its position in iShares MBS ETF by 2.3% in the 3rd quarter. OMNI 360 Wealth Inc. now owns 4,925 shares of the company’s stock valued at $469,000 after purchasing an additional 113 shares during the last quarter. International Private Wealth Advisors LLC lifted its position in iShares MBS ETF by 2.8% in the 2nd quarter. International Private Wealth Advisors LLC now owns 4,120 shares of the company’s stock valued at $387,000 after purchasing an additional 114 shares during the last quarter. Finally, Midwest Heritage Bank FSB boosted its stake in iShares MBS ETF by 4.0% during the 2nd quarter. Midwest Heritage Bank FSB now owns 2,982 shares of the company’s stock valued at $280,000 after purchasing an additional 116 shares during the period. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

NASDAQ MBB opened at $95.22 on Friday. The company has a 50-day moving average price of $95.36 and a two-hundred day moving average price of $94.56. iShares MBS ETF has a 52 week low of $90.28 and a 52 week high of $96.25.

iShares MBS ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a $0.334 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Friday, December 19th.

iShares MBS ETF Company 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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).