Sharkey Howes & Javer Purchases 9,919 Shares of iShares MBS ETF $MBB

Sharkey Howes & Javer raised its position in iShares MBS ETF (NASDAQ:MBB) by 5.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 196,557 shares of the company’s stock after acquiring an additional 9,919 shares during the period. iShares MBS ETF comprises approximately 2.4% of Sharkey Howes & Javer’s holdings, making the stock its 13th largest holding. Sharkey Howes & Javer’s holdings in iShares MBS ETF were worth $18,716,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of MBB. Delos Wealth Advisors LLC acquired a new stake in shares of iShares MBS ETF during the 2nd quarter worth approximately $26,000. Howe & Rusling Inc. raised its stake in shares of iShares MBS ETF by 184.0% in the third quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock valued at $27,000 after purchasing an additional 184 shares in the last quarter. Westfuller Advisors LLC bought a new position in iShares MBS ETF in the third quarter worth $33,000. Aventura Private Wealth LLC bought a new position in iShares MBS ETF in the fourth quarter worth $35,000. Finally, Wealth Watch Advisors INC acquired a new stake in iShares MBS ETF during the third quarter worth $35,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of iShares MBS ETF stock opened at $94.04 on Friday. The company’s fifty day moving average price is $95.62 and its two-hundred day moving average price is $95.46. iShares MBS ETF has a 52-week low of $90.84 and a 52-week high of $96.96.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.3278 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Monday, March 2nd.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).