Foster & Motley Inc. Has $3.08 Million Holdings in iShares MBS ETF (NASDAQ:MBB)

Foster & Motley Inc. reduced its holdings in iShares MBS ETF (NASDAQ:MBB) by 9.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,743 shares of the company’s stock after selling 3,588 shares during the quarter. Foster & Motley Inc.’s holdings in iShares MBS ETF were worth $3,080,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Arkadios Wealth Advisors bought a new position in iShares MBS ETF during the 3rd quarter worth about $282,000. Onyx Bridge Wealth Group LLC boosted its stake in shares of iShares MBS ETF by 5.5% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 3,123 shares of the company’s stock worth $277,000 after buying an additional 162 shares during the last quarter. Flagship Harbor Advisors LLC boosted its stake in shares of iShares MBS ETF by 2.6% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 18,918 shares of the company’s stock worth $1,680,000 after buying an additional 477 shares during the last quarter. Financial Enhancement Group LLC boosted its stake in shares of iShares MBS ETF by 8.3% during the 3rd quarter. Financial Enhancement Group LLC now owns 68,265 shares of the company’s stock worth $5,968,000 after buying an additional 5,235 shares during the last quarter. Finally, Avior Wealth Management LLC boosted its stake in shares of iShares MBS ETF by 535.3% during the 3rd quarter. Avior Wealth Management LLC now owns 324 shares of the company’s stock worth $29,000 after buying an additional 273 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.2 %

Shares of NASDAQ:MBB opened at $89.65 on Tuesday. iShares MBS ETF has a 52-week low of $85.28 and a 52-week high of $95.70. The company has a 50-day simple moving average of $91.58 and a 200 day simple moving average of $91.19.

iShares MBS ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a $0.2827 dividend. The ex-dividend date was Monday, April 1st. This represents a $3.39 annualized dividend and a yield of 3.78%.

About iShares MBS ETF

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).