Syon Capital LLC Has $2.01 Million Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Syon Capital LLC lowered its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 85.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,366 shares of the company’s stock after selling 125,282 shares during the period. Syon Capital LLC’s holdings in iShares MBS ETF were worth $2,010,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of MBB. Cim LLC acquired a new position in iShares MBS ETF in the fourth quarter worth approximately $8,446,000. Beacon Financial Group grew its position in iShares MBS ETF by 105.3% in the fourth quarter. Beacon Financial Group now owns 27,590 shares of the company’s stock worth $2,596,000 after acquiring an additional 14,149 shares in the last quarter. Able Wealth Management LLC acquired a new position in shares of iShares MBS ETF during the 4th quarter worth $43,000. Oarsman Capital Inc. bought a new position in shares of iShares MBS ETF during the 4th quarter valued at $3,145,000. Finally, Forefront Analytics LLC lifted its stake in shares of iShares MBS ETF by 158.1% in the 4th quarter. Forefront Analytics LLC now owns 58,379 shares of the company’s stock valued at $5,492,000 after purchasing an additional 35,756 shares during the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Up 0.1 %

NASDAQ:MBB traded up $0.09 during trading hours on Friday, reaching $92.61. The company’s stock had a trading volume of 1,016,702 shares, compared to its average volume of 2,516,382. iShares MBS ETF has a one year low of $85.28 and a one year high of $94.55. The business’s 50-day moving average is $90.81 and its 200-day moving average is $91.92.

iShares MBS ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, June 7th. Stockholders 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 dividend yield of 3.89%.

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).