Moneda S.A. Administradora General de Fondos Cuts Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Moneda S.A. Administradora General de Fondos reduced its position in shares of iShares MBS ETF (NASDAQ:MBB) by 3.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,077 shares of the company’s stock after selling 329 shares during the period. iShares MBS ETF makes up approximately 0.5% of Moneda S.A. Administradora General de Fondos’ portfolio, making the stock its 21st largest position. Moneda S.A. Administradora General de Fondos’ holdings in iShares MBS ETF were worth $742,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in MBB. Financial Management Professionals Inc. acquired a new position in iShares MBS ETF during the first quarter worth about $26,000. Versant Capital Management Inc acquired a new stake in shares of iShares MBS ETF in the first quarter valued at approximately $32,000. Rothschild Investment LLC acquired a new stake in shares of iShares MBS ETF in the second quarter valued at approximately $33,000. Able Wealth Management LLC acquired a new stake in shares of iShares MBS ETF in the fourth quarter valued at approximately $43,000. Finally, PSI Advisors LLC grew its position in shares of iShares MBS ETF by 2,289.5% in the second quarter. PSI Advisors LLC now owns 454 shares of the company’s stock valued at $42,000 after purchasing an additional 435 shares during the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 0.1 %

Shares of MBB stock traded down $0.06 during trading hours on Friday, hitting $95.24. The company’s stock had a trading volume of 1,687,345 shares, compared to its average volume of 2,274,048. The business has a fifty day moving average of $93.59 and a 200-day moving average of $92.15. iShares MBS ETF has a twelve month low of $85.28 and a twelve month high of $95.85.

iShares MBS ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were given a $0.3086 dividend. The ex-dividend date of this dividend was Thursday, August 1st. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.31. This represents a $3.70 annualized dividend and a dividend yield of 3.89%.

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).