144,239 iShares MBS ETF $MBB Shares Sold by Trek Financial LLC

Trek Financial LLC lessened its position in shares of iShares MBS ETF (NASDAQ:MBB) by 91.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 14,281 shares of the company’s stock after selling 144,239 shares during the period. Trek Financial LLC’s holdings in iShares MBS ETF were worth $1,280,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Bangor Savings Bank purchased a new stake in shares of iShares MBS ETF during the 3rd quarter valued at $38,457,000. Envestnet Asset Management Inc. grew its stake in iShares MBS ETF by 6.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 30,910,875 shares of the company’s stock worth $2,921,648,000 after buying an additional 2,006,656 shares during the last quarter. Rosenberg Matthew Hamilton grew its stake in iShares MBS ETF by 748.2% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 19,603 shares of the company’s stock worth $1,757,000 after buying an additional 17,292 shares during the last quarter. Advisory Solutions Group LLC purchased a new position in iShares MBS ETF during the 2nd quarter worth $2,878,000. Finally, Corient Private Wealth LP grew its stake in iShares MBS ETF by 28.3% during the 2nd quarter. Corient Private Wealth LP now owns 786,118 shares of the company’s stock worth $74,304,000 after buying an additional 173,525 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.3%

Shares of NASDAQ:MBB opened at $91.73 on Tuesday. The business’s 50-day moving average is $91.17 and its 200 day moving average is $93.77. iShares MBS ETF has a 1 year low of $88.58 and a 1 year high of $96.96.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd will be paid a dividend of $0.3471 per share. The ex-dividend date is Monday, November 2nd. This is a negative change from iShares MBS ETF’s previous monthly dividend of $0.3662. This represents a $4.17 dividend on an annualized basis and a dividend yield of 4.5%.

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). 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).