NewSquare Capital LLC Sells 1,239 Shares of iShares MBS ETF $MBB

NewSquare Capital LLC decreased its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 0.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 170,550 shares of the company’s stock after selling 1,239 shares during the quarter. iShares MBS ETF accounts for about 1.2% of NewSquare Capital LLC’s investment portfolio, making the stock its 23rd biggest position. NewSquare Capital LLC’s holdings in iShares MBS ETF were worth $16,013,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LRI Investments LLC bought a new position in shares of iShares MBS ETF during the 2nd quarter worth about $30,000. Headlands Technologies LLC acquired a new stake in shares of iShares MBS ETF during the 1st quarter valued at about $31,000. Tsfg LLC boosted its position in shares of iShares MBS ETF by 106.8% during the 2nd quarter. Tsfg LLC now owns 335 shares of the company’s stock valued at $31,000 after acquiring an additional 173 shares in the last quarter. Flaharty Asset Management LLC acquired a new stake in shares of iShares MBS ETF during the 1st quarter valued at about $34,000. Finally, MassMutual Private Wealth & Trust FSB boosted its position in shares of iShares MBS ETF by 317.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock valued at $36,000 after acquiring an additional 295 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.5%

Shares of iShares MBS ETF stock opened at $95.11 on Tuesday. The firm’s 50-day simple moving average is $95.22 and its 200-day simple moving average is $93.71. iShares MBS ETF has a twelve month low of $90.28 and a twelve month high of $96.25.

iShares MBS ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd will be given a dividend of $0.342 per share. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.34. The ex-dividend date is Monday, November 3rd. This represents a c) annualized dividend and a dividend yield of 4.3%.

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).