iShares MBS ETF (NASDAQ:MBB) Shares Sold by Wells Fargo & Company MN

Wells Fargo & Company MN lessened its stake in iShares MBS ETF (NASDAQ:MBB – Get Rating) by 6.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,042,677 shares of the company’s stock after selling 149,110 shares during the quarter. Wells Fargo & Company MN owned about 0.77% of iShares MBS ETF worth $189,458,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Brinker Capital Investments LLC raised its holdings in iShares MBS ETF by 6.3% in the first quarter. Brinker Capital Investments LLC now owns 2,190 shares of the company’s stock valued at $223,000 after buying an additional 130 shares during the period. Coastal Investment Advisors Inc. lifted its holdings in shares of iShares MBS ETF by 11.9% during the 4th quarter. Coastal Investment Advisors Inc. now owns 1,319 shares of the company’s stock valued at $122,000 after acquiring an additional 140 shares in the last quarter. Pensionmark Financial Group LLC lifted its holdings in shares of iShares MBS ETF by 4.2% during the 3rd quarter. Pensionmark Financial Group LLC now owns 3,500 shares of the company’s stock valued at $321,000 after acquiring an additional 142 shares in the last quarter. Destiny Wealth Partners LLC boosted its position in iShares MBS ETF by 23.9% during the 4th quarter. Destiny Wealth Partners LLC now owns 742 shares of the company’s stock worth $69,000 after purchasing an additional 143 shares during the period. Finally, Trinity Wealth Management LLC increased its holdings in iShares MBS ETF by 8.8% in the 4th quarter. Trinity Wealth Management LLC now owns 2,558 shares of the company’s stock valued at $237,000 after purchasing an additional 206 shares in the last quarter. 77.56% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Down 0.1 %

MBB opened at $93.30 on Tuesday. The firm’s 50 day moving average is $94.09 and its 200-day moving average is $94.07. iShares MBS ETF has a 52-week low of $88.00 and a 52-week high of $100.61.

iShares MBS ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, June 7th. Investors of record on Friday, June 2nd will be issued a $0.2693 dividend. This represents a $3.23 dividend on an annualized basis and a yield of 3.46%. The ex-dividend date of this dividend is Thursday, June 1st.

iShares MBS ETF Company Profile

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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).

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