iShares MBS ETF $MBB Stock Sold by DecisionMap Wealth Management LLC

DecisionMap Wealth Management LLC decreased its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 23.5% during the third quarter, HoldingsChannel.com reports. The fund owned 19,900 shares of the company’s stock after selling 6,111 shares during the period. iShares MBS ETF makes up 1.0% of DecisionMap Wealth Management LLC’s holdings, making the stock its 24th largest position. DecisionMap Wealth Management LLC’s holdings in iShares MBS ETF were worth $1,783,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its holdings in iShares MBS ETF by 6.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 30,910,875 shares of the company’s stock worth $2,921,648,000 after purchasing an additional 2,006,656 shares during the last quarter. Ferguson Wellman Capital Management Inc. acquired a new position in iShares MBS ETF during the third quarter valued at approximately $153,345,000. Asset Management One Co. Ltd. acquired a new position in iShares MBS ETF during the third quarter valued at approximately $111,873,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of iShares MBS ETF in the third quarter valued at approximately $75,219,000. Finally, Midland Wealth Advisors LLC raised its position in shares of iShares MBS ETF by 26.9% in the third quarter. Midland Wealth Advisors LLC now owns 3,196,616 shares of the company’s stock valued at $286,481,000 after purchasing an additional 677,722 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of iShares MBS ETF stock opened at $92.05 on Monday. The firm has a fifty day simple moving average of $91.20 and a 200-day simple moving average of $93.79. 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 company also recently announced a monthly dividend, which will be paid on Thursday, November 5th. Investors of record on Monday, November 2nd will be issued a $0.3471 dividend. This is a drop from iShares MBS ETF’s previous monthly dividend of $0.3662. The ex-dividend date is Monday, November 2nd. This represents a $4.17 annualized dividend and a yield of 4.5%.

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).