iShares MBS ETF (NASDAQ:MBB) Position Cut by West Wealth Group LLC

West Wealth Group LLC lessened its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 1.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,378 shares of the company’s stock after selling 529 shares during the quarter. iShares MBS ETF makes up 1.9% of West Wealth Group LLC’s investment portfolio, making the stock its 13th largest holding. West Wealth Group LLC’s holdings in iShares MBS ETF were worth $4,834,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in MBB. TIAA Trust National Association bought a new stake in iShares MBS ETF in the third quarter valued at $374,403,000. JPMorgan Chase & Co. grew its position in iShares MBS ETF by 11.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,285,852 shares of the company’s stock worth $2,422,987,000 after acquiring an additional 2,719,637 shares during the last quarter. Envestnet Portfolio Solutions Inc. acquired a new position in iShares MBS ETF in the 3rd quarter worth about $223,373,000. BlackRock Inc. increased its stake in shares of iShares MBS ETF by 107.5% in the first quarter. BlackRock Inc. now owns 4,544,887 shares of the company’s stock valued at $430,537,000 after buying an additional 2,354,312 shares during the period. Finally, Adviser Investments LLC boosted its position in shares of iShares MBS ETF by 66,732.0% during the 3rd quarter. Adviser Investments LLC now owns 1,794,440 shares of the company’s stock valued at $159,346,000 after purchasing an additional 1,791,755 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.2 %

Shares of MBB traded down $0.20 during trading hours on Thursday, hitting $92.48. The company had a trading volume of 402,972 shares, compared to its average volume of 2,629,901. iShares MBS ETF has a 52-week low of $85.28 and a 52-week high of $96.07. The stock’s 50 day moving average price is $92.30 and its 200 day moving average price is $90.99.

iShares MBS ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 7th. Stockholders of record on Monday, March 4th were paid a dividend of $0.2921 per share. The ex-dividend date was Friday, March 1st. This represents a $3.50 annualized dividend and a dividend yield of 3.79%.

iShares MBS ETF Company 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).