Clearwater Capital Advisors LLC Buys 7,991 Shares of iShares MBS ETF (NASDAQ:MBB)

Clearwater Capital Advisors LLC raised its position in iShares MBS ETF (NASDAQ:MBB) by 2.8% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 296,532 shares of the company’s stock after acquiring an additional 7,991 shares during the period. iShares MBS ETF comprises 2.7% of Clearwater Capital Advisors LLC’s portfolio, making the stock its 11th biggest position. Clearwater Capital Advisors LLC owned about 0.07% of iShares MBS ETF worth $27,809,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. UNIVEST FINANCIAL Corp boosted its holdings in shares of iShares MBS ETF by 16.9% during the first quarter. UNIVEST FINANCIAL Corp now owns 25,753 shares of the company’s stock worth $2,415,000 after acquiring an additional 3,724 shares during the period. Commerce Bank boosted its stake in iShares MBS ETF by 41.6% in the first quarter. Commerce Bank now owns 14,440 shares of the company’s stock valued at $1,354,000 after buying an additional 4,242 shares in the last quarter. Moors & Cabot Inc. grew its stake in shares of iShares MBS ETF by 7.7% during the first quarter. Moors & Cabot Inc. now owns 12,941 shares of the company’s stock worth $1,214,000 after buying an additional 920 shares during the last quarter. Lindenwold Advisors INC increased its stake in shares of iShares MBS ETF by 5.8% in the first quarter. Lindenwold Advisors INC now owns 60,545 shares of the company’s stock valued at $5,678,000 after buying an additional 3,345 shares during the period. Finally, US Financial Advisors LLC raised its position in iShares MBS ETF by 10.5% during the 1st quarter. US Financial Advisors LLC now owns 8,394 shares of the company’s stock worth $787,000 after purchasing an additional 795 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of iShares MBS ETF stock opened at $93.72 on Friday. iShares MBS ETF has a one year low of $90.28 and a one year high of $96.76. The stock’s 50-day moving average is $92.84 and its 200 day moving average is $92.73.

iShares MBS ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, August 6th. Investors of record on Friday, August 1st will be given a dividend of $0.3319 per share. The ex-dividend date of this dividend is Friday, August 1st. This represents a c) annualized dividend and a dividend yield of 4.2%.

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).