Alterna Wealth Management Inc. Sells 816 Shares of iShares MBS ETF (NASDAQ:MBB)

Alterna Wealth Management Inc. decreased its position in iShares MBS ETF (NASDAQ:MBB) by 5.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,188 shares of the company’s stock after selling 816 shares during the quarter. iShares MBS ETF accounts for 1.6% of Alterna Wealth Management Inc.’s portfolio, making the stock its 19th largest position. Alterna Wealth Management Inc.’s holdings in iShares MBS ETF were worth $1,335,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Register Financial Advisors LLC lifted its position in iShares MBS ETF by 584.6% in the 4th quarter. Register Financial Advisors LLC now owns 267 shares of the company’s stock worth $25,000 after buying an additional 228 shares during the last quarter. BluePath Capital Management LLC bought a new stake in iShares MBS ETF in the 3rd quarter worth approximately $26,000. LFA Lugano Financial Advisors SA bought a new stake in iShares MBS ETF in the 4th quarter worth approximately $28,000. Kozak & Associates Inc. bought a new stake in iShares MBS ETF in the fourth quarter valued at approximately $31,000. Finally, Moisand Fitzgerald Tamayo LLC bought a new stake in iShares MBS ETF in the fourth quarter valued at approximately $34,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB stock traded up $0.51 during midday trading on Friday, hitting $90.67. The company had a trading volume of 1,554,564 shares, compared to its average volume of 2,657,438. iShares MBS ETF has a 52 week low of $85.28 and a 52 week high of $95.70. The stock’s 50 day moving average price is $91.27 and its 200 day moving average price is $91.27.

iShares MBS ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd will be given a $0.2823 dividend. The ex-dividend date is Wednesday, May 1st. This represents a $3.39 annualized dividend and a yield of 3.74%.

iShares MBS ETF Profile

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).