Optas LLC Sells 4,769 Shares of iShares MBS ETF (NASDAQ:MBB)

Optas LLC decreased its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 6.6% during the first quarter, HoldingsChannel.com reports. The firm owned 67,723 shares of the company’s stock after selling 4,769 shares during the period. iShares MBS ETF accounts for 1.1% of Optas LLC’s portfolio, making the stock its 17th largest position. Optas LLC’s holdings in iShares MBS ETF were worth $6,351,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Tompkins Financial Corp raised its position in shares of iShares MBS ETF by 51.7% in the first quarter. Tompkins Financial Corp now owns 320 shares of the company’s stock worth $30,000 after buying an additional 109 shares in the last quarter. Curat Global LLC bought a new position in iShares MBS ETF in the 1st quarter worth about $30,000. Truvestments Capital LLC purchased a new stake in shares of iShares MBS ETF in the 4th quarter valued at about $36,000. Key Financial Inc raised its holdings in shares of iShares MBS ETF by 4,220.0% in the 4th quarter. Key Financial Inc now owns 432 shares of the company’s stock valued at $40,000 after acquiring an additional 422 shares in the last quarter. Finally, Opal Wealth Advisors LLC bought a new stake in shares of iShares MBS ETF during the 1st quarter valued at about $57,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of NASDAQ MBB opened at $92.54 on Friday. The business has a 50-day moving average of $92.42 and a 200-day moving average of $92.50. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were paid a $0.3251 dividend. The ex-dividend date was Monday, June 2nd. This represents a $3.90 dividend on an annualized basis and a yield of 4.22%.

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).