iShares MBS ETF $MBB Shares Sold by Ocean Park Asset Management LLC

Ocean Park Asset Management LLC reduced its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 18.2% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 361,587 shares of the company’s stock after selling 80,620 shares during the period. iShares MBS ETF makes up 1.6% of Ocean Park Asset Management LLC’s investment portfolio, making the stock its 14th largest holding. Ocean Park Asset Management LLC owned about 0.09% of iShares MBS ETF worth $34,177,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Legacy Edge Advisors LLC purchased a new position in iShares MBS ETF in the fourth quarter worth $1,687,000. World Investment Advisors lifted its position in shares of iShares MBS ETF by 99.0% during the 4th quarter. World Investment Advisors now owns 112,883 shares of the company’s stock valued at $10,749,000 after acquiring an additional 56,162 shares during the period. Intrua Financial LLC purchased a new position in shares of iShares MBS ETF in the fourth quarter valued at $1,604,000. J.M. Arbour LLC acquired a new position in shares of iShares MBS ETF during the 4th quarter worth $1,923,000. Finally, Quattro Financial Advisors LLC raised its stake in shares of iShares MBS ETF by 42.4% during the 4th quarter. Quattro Financial Advisors LLC now owns 69,903 shares of the company’s stock worth $6,656,000 after buying an additional 20,823 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Trading Up 0.1%

iShares MBS ETF stock opened at $93.03 on Wednesday. iShares MBS ETF has a 52 week low of $92.68 and a 52 week high of $96.96. The firm’s 50-day simple moving average is $93.83 and its 200 day simple moving average is $94.68.

iShares MBS ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were given a dividend of $0.3413 per share. The ex-dividend date was Monday, August 3rd. This is an increase from iShares MBS ETF’s previous dividend of $0.34.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).