iShares MBS ETF (NASDAQ:MBB) Shares Sold by ORG Wealth Partners LLC

ORG Wealth Partners LLC lowered its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 3.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,662 shares of the company’s stock after selling 538 shares during the quarter. ORG Wealth Partners LLC’s holdings in iShares MBS ETF were worth $1,563,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of MBB. Bank of America Corp DE raised its holdings in shares of iShares MBS ETF by 2.5% in the 4th quarter. Bank of America Corp DE now owns 75,986,265 shares of the company’s stock valued at $6,966,421,000 after purchasing an additional 1,826,521 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares MBS ETF by 49.2% in the 4th quarter. JPMorgan Chase & Co. now owns 51,720,881 shares of the company’s stock valued at $4,741,789,000 after purchasing an additional 17,056,138 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iShares MBS ETF by 4.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 28,770,337 shares of the company’s stock valued at $2,637,664,000 after purchasing an additional 1,336,608 shares in the last quarter. LPL Financial LLC raised its holdings in shares of iShares MBS ETF by 13.9% in the 4th quarter. LPL Financial LLC now owns 21,858,016 shares of the company’s stock valued at $2,003,943,000 after purchasing an additional 2,668,319 shares in the last quarter. Finally, Fisher Asset Management LLC raised its holdings in shares of iShares MBS ETF by 7.9% in the 4th quarter. Fisher Asset Management LLC now owns 19,701,940 shares of the company’s stock valued at $1,806,274,000 after purchasing an additional 1,436,342 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

Shares of MBB opened at $92.74 on Thursday. iShares MBS ETF has a twelve month low of $90.28 and a twelve month high of $96.76. The firm’s fifty day simple moving average is $92.42 and its 200-day simple moving average is $92.49.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were issued a $0.3251 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $3.90 dividend on an annualized basis and a dividend yield of 4.21%.

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).