iShares MBS ETF (NASDAQ:MBB) Shares Sold by 1900 Wealth Management LLC

1900 Wealth Management LLC lessened its stake in iShares MBS ETF (NASDAQ:MBB) by 10.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,538 shares of the company’s stock after selling 618 shares during the quarter. 1900 Wealth Management LLC’s holdings in iShares MBS ETF were worth $508,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Alpha Financial Partners LLC acquired a new position in iShares MBS ETF during the 3rd quarter worth $2,960,000. CWM LLC increased its position in iShares MBS ETF by 6.9% in the third quarter. CWM LLC now owns 2,389,977 shares of the company’s stock worth $228,984,000 after buying an additional 154,109 shares during the period. Hexagon Capital Partners LLC increased its position in iShares MBS ETF by 1.0% in the third quarter. Hexagon Capital Partners LLC now owns 15,119 shares of the company’s stock worth $1,449,000 after buying an additional 143 shares during the period. Patten Group Inc. lifted its stake in iShares MBS ETF by 5.1% in the third quarter. Patten Group Inc. now owns 4,179 shares of the company’s stock valued at $400,000 after buying an additional 201 shares during the last quarter. Finally, Money Design Co. Ltd. grew its position in shares of iShares MBS ETF by 5.9% during the third quarter. Money Design Co. Ltd. now owns 1,263,660 shares of the company’s stock worth $121,071,000 after acquiring an additional 70,559 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $92.39 on Friday. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76. The firm’s 50 day moving average is $92.06 and its two-hundred day moving average is $93.54.

iShares MBS ETF Increases Dividend

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