Trilogy Capital Inc. Lowers Position in iShares MBS ETF (NASDAQ:MBB)

Trilogy Capital Inc. lessened its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 16.9% in the 1st quarter, HoldingsChannel.com reports. The firm owned 10,019 shares of the company’s stock after selling 2,037 shares during the period. Trilogy Capital Inc.’s holdings in iShares MBS ETF were worth $926,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of MBB. JPMorgan Chase & Co. lifted its stake in shares of iShares MBS ETF by 11.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,285,852 shares of the company’s stock valued at $2,422,987,000 after buying an additional 2,719,637 shares in the last quarter. Midland Wealth Advisors LLC purchased a new position in shares of iShares MBS ETF in the fourth quarter valued at about $151,461,000. Quotient Wealth Partners LLC bought a new position in shares of iShares MBS ETF in the fourth quarter worth about $138,573,000. Ameriprise Financial Inc. boosted its stake in shares of iShares MBS ETF by 9.5% in the third quarter. Ameriprise Financial Inc. now owns 13,314,589 shares of the company’s stock worth $1,182,679,000 after acquiring an additional 1,158,175 shares during the period. Finally, Charles Schwab Investment Advisory Inc. grew its position in shares of iShares MBS ETF by 25.3% during the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 5,460,902 shares of the company’s stock worth $513,762,000 after purchasing an additional 1,102,208 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $91.81 on Monday. iShares MBS ETF has a 12 month low of $85.28 and a 12 month high of $94.55. The stock’s 50 day moving average is $91.24 and its 200 day moving average is $91.98.

iShares MBS ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were paid a dividend of $0.3002 per share. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $3.60 annualized dividend and a yield of 3.92%.

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).