iShares MBS ETF (NASDAQ:MBB) Stake Lessened by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. cut its stake in iShares MBS ETF (NASDAQ:MBB) by 0.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 180,541 shares of the company’s stock after selling 137 shares during the period. iShares MBS ETF accounts for 0.9% of Vestmark Advisory Solutions Inc.’s portfolio, making the stock its 22nd largest position. Vestmark Advisory Solutions Inc. owned approximately 0.06% of iShares MBS ETF worth $16,985,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in MBB. Register Financial Advisors LLC lifted its position in shares of iShares MBS ETF by 584.6% during the fourth quarter. Register Financial Advisors LLC now owns 267 shares of the company’s stock worth $25,000 after purchasing an additional 228 shares during the last quarter. BluePath Capital Management LLC acquired a new stake in iShares MBS ETF during the third quarter valued at approximately $26,000. LFA Lugano Financial Advisors SA bought a new position in iShares MBS ETF during the 4th quarter worth approximately $28,000. Kozak & Associates Inc. acquired a new position in shares of iShares MBS ETF in the 4th quarter worth approximately $31,000. Finally, Howe & Rusling Inc. increased its holdings in shares of iShares MBS ETF by 163.3% in the 3rd quarter. Howe & Rusling Inc. now owns 366 shares of the company’s stock valued at $33,000 after acquiring an additional 227 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

Shares of MBB stock traded up $0.51 on Friday, hitting $90.67. 1,554,564 shares of the stock traded hands, compared to its average volume of 2,657,438. The company’s fifty day moving average is $91.27 and its 200 day moving average is $91.27. iShares MBS ETF has a 1-year low of $85.28 and a 1-year high of $95.70.

iShares MBS ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd will be given a $0.2823 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $3.39 dividend on an annualized basis and a dividend yield of 3.74%.

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).