iShares MBS ETF (NASDAQ:MBB) Shares Sold by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC reduced its stake in iShares MBS ETF (NASDAQ:MBB) by 34.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 117,847 shares of the company’s stock after selling 61,718 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in iShares MBS ETF were worth $10,804,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Principal Financial Group Inc. lifted its stake in iShares MBS ETF by 9.0% during the fourth quarter. Principal Financial Group Inc. now owns 3,293 shares of the company’s stock worth $302,000 after purchasing an additional 272 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in iShares MBS ETF by 4.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,931,127 shares of the company’s stock worth $268,726,000 after acquiring an additional 121,689 shares in the last quarter. Proficio Capital Partners LLC boosted its holdings in iShares MBS ETF by 54.0% during the 4th quarter. Proficio Capital Partners LLC now owns 84,964 shares of the company’s stock valued at $7,790,000 after acquiring an additional 29,809 shares during the period. Kestra Investment Management LLC grew its position in iShares MBS ETF by 265.9% in the 3rd quarter. Kestra Investment Management LLC now owns 249,363 shares of the company’s stock valued at $23,891,000 after acquiring an additional 181,210 shares in the last quarter. Finally, Fifth Third Bancorp increased its stake in iShares MBS ETF by 272.8% during the fourth quarter. Fifth Third Bancorp now owns 1,633 shares of the company’s stock worth $150,000 after purchasing an additional 1,195 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $93.66 on Friday. The firm has a 50 day simple moving average of $92.74 and a 200-day simple moving average of $93.13. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.3204 per share. The ex-dividend date was Monday, March 3rd.

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).