CW Advisors LLC Buys 15,495 Shares of iShares MBS ETF $MBB

CW Advisors LLC boosted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 29.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 67,938 shares of the company’s stock after acquiring an additional 15,495 shares during the period. CW Advisors LLC’s holdings in iShares MBS ETF were worth $6,379,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of MBB. DAVENPORT & Co LLC raised its holdings in shares of iShares MBS ETF by 9.2% during the 2nd quarter. DAVENPORT & Co LLC now owns 7,323 shares of the company’s stock worth $688,000 after acquiring an additional 614 shares in the last quarter. Ironwood Investment Counsel LLC bought a new stake in iShares MBS ETF in the second quarter worth $206,000. Global Retirement Partners LLC bought a new stake in iShares MBS ETF in the second quarter worth $18,788,000. Keystone Global Partners LLC raised its stake in iShares MBS ETF by 128.9% during the second quarter. Keystone Global Partners LLC now owns 1,094 shares of the company’s stock valued at $103,000 after purchasing an additional 616 shares in the last quarter. Finally, Clarendon Private LLC lifted its position in iShares MBS ETF by 5.3% during the second quarter. Clarendon Private LLC now owns 10,479 shares of the company’s stock valued at $984,000 after purchasing an additional 530 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $95.14 on Friday. The firm has a fifty day simple moving average of $95.45 and a two-hundred day simple moving average of $94.15. iShares MBS ETF has a 52 week low of $90.28 and a 52 week high of $96.25.

iShares MBS ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, December 4th. Shareholders of record on Monday, December 1st were paid a dividend of $0.3469 per share. The ex-dividend date of this dividend was Monday, December 1st. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.34. This represents a c) annualized dividend and a yield of 4.4%.

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).