Diversify Advisory Services LLC Decreases Position in iShares MBS ETF $MBB

Diversify Advisory Services LLC lessened its position in iShares MBS ETF (NASDAQ:MBB) by 47.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 47,892 shares of the company’s stock after selling 43,637 shares during the period. Diversify Advisory Services LLC’s holdings in iShares MBS ETF were worth $4,555,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Delos Wealth Advisors LLC purchased a new position in iShares MBS ETF in the 2nd quarter worth approximately $26,000. Howe & Rusling Inc. boosted its stake in iShares MBS ETF by 184.0% during the 3rd quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock valued at $27,000 after purchasing an additional 184 shares during the last quarter. Westfuller Advisors LLC bought a new stake in shares of iShares MBS ETF in the 3rd quarter worth $33,000. Evolution Wealth Management Inc. purchased a new position in shares of iShares MBS ETF in the second quarter worth $39,000. Finally, Realta Investment Advisors raised its stake in shares of iShares MBS ETF by 87.8% in the third quarter. Realta Investment Advisors now owns 507 shares of the company’s stock worth $48,000 after purchasing an additional 237 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.1%

Shares of NASDAQ:MBB opened at $95.54 on Monday. iShares MBS ETF has a 1 year low of $90.84 and a 1 year high of $96.96. The stock’s fifty day moving average price is $95.77 and its 200-day moving average price is $95.40.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a $0.3278 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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).