Alliancebernstein L.P. Cuts Stock Holdings in iShares MBS ETF $MBB

Alliancebernstein L.P. trimmed its position in shares of iShares MBS ETF (NASDAQ:MBB – Free Report) by 1.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 664,846 shares of the company’s stock after selling 10,970 shares during the quarter. Alliancebernstein L.P.’s holdings in iShares MBS ETF were worth $62,349,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. J.W. Cole Advisors Inc. raised its position in iShares MBS ETF by 173.4% during the first quarter. J.W. Cole Advisors Inc. now owns 12,121 shares of the company’s stock worth $1,137,000 after acquiring an additional 7,687 shares during the period. Golden State Wealth Management LLC raised its position in iShares MBS ETF by 54.6% during the first quarter. Golden State Wealth Management LLC now owns 3,994 shares of the company’s stock worth $375,000 after acquiring an additional 1,410 shares during the period. First American Trust FSB raised its position in iShares MBS ETF by 6.7% during the first quarter. First American Trust FSB now owns 59,257 shares of the company’s stock worth $5,557,000 after acquiring an additional 3,713 shares during the period. Wolverine Asset Management LLC acquired a new position in iShares MBS ETF during the first quarter worth $1,069,000. Finally, Renaissancere Holdings Ltd. acquired a new position in iShares MBS ETF during the first quarter worth $267,782,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Up 0.5%

iShares MBS ETF stock opened at $94.89 on Monday. iShares MBS ETF has a 52-week low of $90.28 and a 52-week high of $96.76. The company has a fifty day simple moving average of $93.49 and a 200-day simple moving average of $93.07.

iShares MBS ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, September 2nd were issued a dividend of $0.3383 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

iShares MBS ETF Company Profile

(Free Report)

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).

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