Money Design Co. Ltd. decreased its holdings in iShares MBS ETF (NASDAQ:MBB) by 0.7% in the 1st quarter, HoldingsChannel reports. The fund owned 137,589 shares of the company’s stock after selling 993 shares during the quarter. iShares MBS ETF comprises about 3.9% of Money Design Co. Ltd.’s investment portfolio, making the stock its 10th biggest holding. Money Design Co. Ltd.’s holdings in iShares MBS ETF were worth $14,634,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Advocacy Wealth Management Services LLC purchased a new position in iShares MBS ETF in the fourth quarter worth $39,000. ERTS Wealth Advisors LLC purchased a new position in iShares MBS ETF in the fourth quarter worth $42,000. Financial Gravity Companies Inc. purchased a new position in iShares MBS ETF in the fourth quarter worth $54,000. TCI Wealth Advisors Inc. raised its position in iShares MBS ETF by 1,463.3% in the first quarter. TCI Wealth Advisors Inc. now owns 766 shares of the company’s stock worth $81,000 after acquiring an additional 717 shares in the last quarter. Finally, Pinnacle Bank purchased a new position in shares of iShares MBS ETF in the fourth quarter valued at $82,000.
Shares of MBB stock opened at $105.81 on Tuesday. iShares MBS ETF has a fifty-two week low of $101.75 and a fifty-two week high of $106.63.
The company also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a $0.2707 dividend. This represents a $3.25 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date of this dividend was Monday, April 1st.
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).
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