NTV Asset Management LLC Trims Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

NTV Asset Management LLC decreased its stake in iShares MBS ETF (NASDAQ:MBB) by 9.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,322 shares of the company’s stock after selling 249 shares during the quarter. NTV Asset Management LLC’s holdings in iShares MBS ETF were worth $218,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Register Financial Advisors LLC grew 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 in the last quarter. BluePath Capital Management LLC purchased a new position in iShares MBS ETF during the 3rd quarter valued at approximately $26,000. LFA Lugano Financial Advisors SA purchased a new position in iShares MBS ETF during the 4th quarter valued at approximately $28,000. Kozak & Associates Inc. purchased a new position in iShares MBS ETF during the 4th quarter valued at approximately $31,000. Finally, Howe & Rusling Inc. grew its holdings in iShares MBS ETF by 163.3% during the 3rd quarter. Howe & Rusling Inc. now owns 366 shares of the company’s stock valued at $33,000 after buying an additional 227 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

NASDAQ MBB traded up $0.51 during trading on Friday, hitting $90.67. 1,554,564 shares of the stock traded hands, compared to its average volume of 2,657,438. The firm has a 50-day simple moving average of $91.27 and a 200-day simple moving average of $91.33. iShares MBS ETF has a 12-month low of $85.28 and a 12-month high of $95.70.

iShares MBS ETF Announces Dividend

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

iShares MBS ETF 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).