Abich Financial Wealth Management LLC Reduces Holdings in iShares MBS ETF (NASDAQ:MBB)

Abich Financial Wealth Management LLC reduced its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 74.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 335 shares of the company’s stock after selling 958 shares during the period. Abich Financial Wealth Management LLC’s holdings in iShares MBS ETF were worth $32,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in MBB. St. Johns Investment Management Company LLC purchased a new position in iShares MBS ETF during the third quarter valued at approximately $30,000. Chris Bulman Inc bought a new position in iShares MBS ETF in the 2nd quarter worth $31,000. Godsey & Gibb Inc. bought a new stake in iShares MBS ETF during the third quarter valued at about $33,000. Rothschild Investment LLC purchased a new position in shares of iShares MBS ETF in the second quarter valued at about $33,000. Finally, PSI Advisors LLC boosted its stake in shares of iShares MBS ETF by 2,289.5% in the second quarter. PSI Advisors LLC now owns 454 shares of the company’s stock worth $42,000 after acquiring an additional 435 shares during the period. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Trading Down 0.1 %

Shares of iShares MBS ETF stock traded down $0.13 during trading on Tuesday, reaching $92.67. 312,212 shares of the stock traded hands, compared to its average volume of 2,292,447. iShares MBS ETF has a 52-week low of $86.17 and a 52-week high of $96.76. The business has a fifty day simple moving average of $95.19 and a two-hundred day simple moving average of $93.10.

iShares MBS ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.3177 dividend. The ex-dividend date was Tuesday, September 3rd.

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).