Novem Group Sells 1,748 Shares of iShares MBS ETF $MBB

Novem Group trimmed its position in shares of iShares MBS ETF (NASDAQ:MBB) by 33.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,552 shares of the company’s stock after selling 1,748 shares during the period. Novem Group’s holdings in iShares MBS ETF were worth $333,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of MBB. Tompkins Financial Corp grew its stake in iShares MBS ETF by 51.7% during the first quarter. Tompkins Financial Corp now owns 320 shares of the company’s stock worth $30,000 after buying an additional 109 shares in the last quarter. Curat Global LLC acquired a new stake in iShares MBS ETF during the first quarter worth about $30,000. IMG Wealth Management Inc. acquired a new stake in iShares MBS ETF during the first quarter worth about $30,000. Headlands Technologies LLC acquired a new stake in iShares MBS ETF during the first quarter worth about $31,000. Finally, Flaharty Asset Management LLC acquired a new stake in iShares MBS ETF during the first quarter worth about $34,000. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Trading Up 0.0%

Shares of iShares MBS ETF stock opened at $94.99 on Friday. iShares MBS ETF has a 12-month low of $90.28 and a 12-month high of $96.24. The firm’s 50-day moving average price is $94.16 and its two-hundred day moving average price is $93.27.

iShares MBS ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 5th. Investors of record on Tuesday, September 2nd were issued a $0.3383 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Tuesday, September 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).