RHS Financial LLC Cuts Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

RHS Financial LLC lessened its holdings in iShares MBS ETF (NASDAQ:MBBGet Rating) by 24.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,680 shares of the company’s stock after selling 1,198 shares during the quarter. RHS Financial LLC’s holdings in iShares MBS ETF were worth $359,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Miracle Mile Advisors LLC increased its holdings in iShares MBS ETF by 6.1% in the second quarter. Miracle Mile Advisors LLC now owns 300,136 shares of the company’s stock valued at $29,260,000 after buying an additional 17,319 shares during the last quarter. Orion Portfolio Solutions LLC boosted its stake in iShares MBS ETF by 6.2% in the second quarter. Orion Portfolio Solutions LLC now owns 10,558 shares of the company’s stock valued at $1,029,000 after acquiring an additional 619 shares in the last quarter. Mascoma Wealth Management LLC boosted its stake in iShares MBS ETF by 189.7% in the second quarter. Mascoma Wealth Management LLC now owns 1,072 shares of the company’s stock valued at $105,000 after acquiring an additional 702 shares in the last quarter. Highland Private Wealth Management acquired a new position in iShares MBS ETF in the second quarter valued at $396,000. Finally, MA Private Wealth acquired a new position in iShares MBS ETF in the second quarter valued at $626,000.

iShares MBS ETF Stock Performance

NASDAQ MBB traded down $0.77 during trading hours on Friday, hitting $91.96. The company had a trading volume of 65,614 shares, compared to its average volume of 2,090,450. iShares MBS ETF has a 1-year low of $92.68 and a 1-year high of $108.35. The business has a 50 day moving average of $97.43 and a 200-day moving average of $98.39.

iShares MBS ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, September 8th. Shareholders of record on Friday, September 2nd were paid a $0.197 dividend. This represents a $2.36 annualized dividend and a yield of 2.57%. The ex-dividend date was Thursday, September 1st. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.18.

About iShares MBS ETF

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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).

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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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