iShares MBS ETF (NASDAQ:MBB) Shares Sold by ShoreHaven Wealth Partners LLC

ShoreHaven Wealth Partners LLC cut its position in shares of iShares MBS ETF (NASDAQ:MBB) by 1.8% during the 2nd quarter, Holdings Channel reports. The firm owned 29,196 shares of the company’s stock after selling 543 shares during the period. iShares MBS ETF comprises 1.4% of ShoreHaven Wealth Partners LLC’s investment portfolio, making the stock its 20th largest position. ShoreHaven Wealth Partners LLC’s holdings in iShares MBS ETF were worth $2,680,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of MBB. Strait & Sound Wealth Management LLC raised its holdings in shares of iShares MBS ETF by 3.7% in the 1st quarter. Strait & Sound Wealth Management LLC now owns 3,309 shares of the company’s stock worth $298,000 after purchasing an additional 117 shares in the last quarter. Wealthcare Advisory Partners LLC increased its holdings in shares of iShares MBS ETF by 1.3% in the first quarter. Wealthcare Advisory Partners LLC now owns 9,606 shares of the company’s stock valued at $888,000 after buying an additional 119 shares in the last quarter. DB Fitzpatrick & Co Inc increased its holdings in shares of iShares MBS ETF by 0.6% in the second quarter. DB Fitzpatrick & Co Inc now owns 19,518 shares of the company’s stock valued at $1,792,000 after buying an additional 119 shares in the last quarter. W Advisors LLC lifted its position in shares of iShares MBS ETF by 2.9% during the 1st quarter. W Advisors LLC now owns 4,329 shares of the company’s stock valued at $400,000 after acquiring an additional 124 shares during the last quarter. Finally, New Republic Capital LLC boosted its stake in shares of iShares MBS ETF by 5.0% during the 1st quarter. New Republic Capital LLC now owns 2,636 shares of the company’s stock worth $244,000 after acquiring an additional 125 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB traded up $0.47 during mid-day trading on Friday, reaching $95.55. The company had a trading volume of 1,552,979 shares, compared to its average volume of 2,295,028. iShares MBS ETF has a 1-year low of $85.28 and a 1-year high of $95.85. The company has a 50-day moving average price of $93.24 and a two-hundred day moving average price of $92.02.

iShares MBS ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were paid a $0.3086 dividend. The ex-dividend date was Thursday, August 1st. This represents a $3.70 dividend on an annualized basis and a yield of 3.88%. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.31.

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).