Fiduciary Alliance LLC Has $250,000 Holdings in iShares MBS ETF (NASDAQ:MBB)

Fiduciary Alliance LLC lessened its position in iShares MBS ETF (NASDAQ:MBB) by 58.0% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,727 shares of the company’s stock after selling 3,759 shares during the quarter. Fiduciary Alliance LLC’s holdings in iShares MBS ETF were worth $250,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings 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 acquiring an additional 2,719,637 shares in the last quarter. Midland Wealth Advisors LLC purchased a new stake in shares of iShares MBS ETF during the 4th quarter worth about $151,461,000. Quotient Wealth Partners LLC purchased a new stake in shares of iShares MBS ETF during the 4th quarter worth about $138,573,000. Ameriprise Financial Inc. lifted its holdings in shares of iShares MBS ETF by 9.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 13,314,589 shares of the company’s stock valued at $1,182,679,000 after buying an additional 1,158,175 shares during the last quarter. Finally, Charles Schwab Investment Advisory Inc. grew its stake in shares of iShares MBS ETF by 25.3% in the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 5,460,902 shares of the company’s stock valued at $513,762,000 after buying an additional 1,102,208 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $91.81 on Monday. iShares MBS ETF has a 1-year low of $85.28 and a 1-year high of $94.55. The firm’s fifty day simple moving average is $91.24 and its 200-day simple moving average is $91.98.

iShares MBS ETF Announces Dividend

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