iShares MBS ETF (NASDAQ:MBB) Shares Sold by Dynasty Wealth Management LLC

Dynasty Wealth Management LLC trimmed its holdings in iShares MBS ETF (NASDAQ:MBB) by 17.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,970,053 shares of the company’s stock after selling 428,859 shares during the period. iShares MBS ETF accounts for about 3.1% of Dynasty Wealth Management LLC’s investment portfolio, making the stock its 11th largest position. Dynasty Wealth Management LLC owned about 0.50% of iShares MBS ETF worth $180,614,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Principal Financial Group Inc. purchased a new stake in shares of iShares MBS ETF in the third quarter valued at $289,000. Kestra Investment Management LLC raised its stake in iShares MBS ETF by 265.9% in the 3rd quarter. Kestra Investment Management LLC now owns 249,363 shares of the company’s stock valued at $23,891,000 after purchasing an additional 181,210 shares during the last quarter. Fifth Third Bancorp lifted its holdings in iShares MBS ETF by 272.8% in the 4th quarter. Fifth Third Bancorp now owns 1,633 shares of the company’s stock valued at $150,000 after purchasing an additional 1,195 shares in the last quarter. Cerity Partners LLC boosted its stake in shares of iShares MBS ETF by 0.5% during the 3rd quarter. Cerity Partners LLC now owns 39,068 shares of the company’s stock worth $3,743,000 after purchasing an additional 206 shares during the last quarter. Finally, Cobblestone Capital Advisors LLC NY grew its holdings in shares of iShares MBS ETF by 2.0% during the third quarter. Cobblestone Capital Advisors LLC NY now owns 24,696 shares of the company’s stock worth $2,366,000 after buying an additional 495 shares in the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

Shares of MBB opened at $93.67 on Friday. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76. The company’s 50 day simple moving average is $91.87 and its 200 day simple moving average is $93.41.

iShares MBS ETF Increases Dividend

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

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).