Assetmark Inc. Decreases Stock Position in iShares MBS ETF $MBB

Assetmark Inc. reduced its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 11.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 163,859 shares of the company’s stock after selling 20,702 shares during the quarter. Assetmark Inc.’s holdings in iShares MBS ETF were worth $15,603,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in MBB. Howe & Rusling Inc. raised its position in shares of 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 acquiring an additional 184 shares in the last quarter. Westfuller Advisors LLC bought a new position in iShares MBS ETF during the third quarter valued at about $33,000. Aventura Private Wealth LLC bought a new stake in shares of iShares MBS ETF in the 4th quarter worth approximately $35,000. Wealth Watch Advisors INC bought a new stake in iShares MBS ETF during the third quarter worth approximately $35,000. Finally, Toth Financial Advisory Corp bought a new stake in iShares MBS ETF during the fourth quarter worth approximately $41,000. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $95.25 on Friday. iShares MBS ETF has a 52 week low of $91.19 and a 52 week high of $96.96. The firm has a 50 day simple moving average of $95.45 and a 200 day simple moving average of $95.43.

iShares MBS ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were given a $0.3329 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Wednesday, April 1st. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33.

iShares MBS ETF 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).