Kestra Private Wealth Services LLC Sells 735 Shares of iShares MBS ETF (NASDAQ:MBB)

Kestra Private Wealth Services LLC lowered its position in shares of iShares MBS ETF (NASDAQ:MBB) by 2.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,819 shares of the company’s stock after selling 735 shares during the period. Kestra Private Wealth Services LLC’s holdings in iShares MBS ETF were worth $2,917,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Hobbs Group Advisors LLC increased its holdings in shares of iShares MBS ETF by 115.5% during the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after purchasing an additional 149 shares during the period. St. Johns Investment Management Company LLC acquired a new stake in iShares MBS ETF during the third quarter worth approximately $30,000. Godsey & Gibb Inc. bought a new position in iShares MBS ETF during the 3rd quarter worth $33,000. MeadowBrook Investment Advisors LLC raised its holdings in iShares MBS ETF by 413.5% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after acquiring an additional 306 shares in the last quarter. Finally, CENTRAL TRUST Co raised its holdings in iShares MBS ETF by 41.4% in the 4th quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock valued at $59,000 after acquiring an additional 189 shares in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

MBB opened at $92.20 on Tuesday. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76. The business’s fifty day moving average is $92.00 and its 200-day moving average is $93.54.

iShares MBS ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.3414 dividend. This is a positive change from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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).