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

Kestra Private Wealth Services LLC lowered its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 2.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor 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 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of MBB. Stephens Inc. AR boosted its position in iShares MBS ETF by 110.4% in the fourth quarter. Stephens Inc. AR now owns 20,077 shares of the company’s stock valued at $1,841,000 after buying an additional 10,533 shares in the last quarter. Rede Wealth LLC lifted its stake in shares of iShares MBS ETF by 7.0% in the 4th quarter. Rede Wealth LLC now owns 6,528 shares of the company’s stock valued at $598,000 after acquiring an additional 425 shares during the last quarter. Quotient Wealth Partners LLC lifted its stake in shares of iShares MBS ETF by 3.5% in the 4th quarter. Quotient Wealth Partners LLC now owns 1,923,148 shares of the company’s stock valued at $176,314,000 after acquiring an additional 64,491 shares during the last quarter. Farmers & Merchants Investments Inc. boosted its holdings in shares of iShares MBS ETF by 14.1% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 121,291 shares of the company’s stock valued at $11,120,000 after acquiring an additional 14,947 shares in the last quarter. Finally, Kingsview Wealth Management LLC grew its position in iShares MBS ETF by 70.4% during the 4th quarter. Kingsview Wealth Management LLC now owns 257,553 shares of the company’s stock worth $23,613,000 after acquiring an additional 106,443 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Trading Up 0.0 %

iShares MBS ETF stock opened at $92.20 on Tuesday. The stock has a 50-day moving average price of $92.00 and a two-hundred day moving average price of $93.54. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76.

iShares MBS ETF Increases Dividend

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

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).