Clearwater Capital Advisors LLC Sells 144,778 Shares of iShares MBS ETF (NASDAQ:MBB)

Clearwater Capital Advisors LLC cut its position in iShares MBS ETF (NASDAQ:MBB) by 39.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 222,679 shares of the company’s stock after selling 144,778 shares during the period. iShares MBS ETF accounts for approximately 2.3% of Clearwater Capital Advisors LLC’s investment portfolio, making the stock its 11th biggest holding. Clearwater Capital Advisors LLC’s holdings in iShares MBS ETF were worth $20,950,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Register Financial Advisors LLC raised its holdings in shares of iShares MBS ETF by 584.6% in the fourth 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 purchased a new stake in iShares MBS ETF in the third quarter valued at $26,000. LFA Lugano Financial Advisors SA purchased a new position in shares of iShares MBS ETF during the 4th quarter valued at about $28,000. Kozak & Associates Inc. acquired a new position in shares of iShares MBS ETF in the 4th quarter valued at about $31,000. Finally, Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of iShares MBS ETF in the fourth quarter worth about $34,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Up 0.4 %

MBB stock traded up $0.34 during trading on Thursday, hitting $91.16. 1,863,369 shares of the company traded hands, compared to its average volume of 2,675,662. iShares MBS ETF has a 1 year low of $85.28 and a 1 year high of $95.40. The stock’s 50-day simple moving average is $91.24 and its 200 day simple moving average is $91.40.

iShares MBS ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were issued a dividend of $0.2823 per share. This represents a $3.39 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date of this dividend was Wednesday, May 1st.

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).