iShares MBS ETF $MBB Position Reduced by Arvest Investments Inc.

Arvest Investments Inc. decreased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 7.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 225,804 shares of the company’s stock after selling 17,721 shares during the quarter. iShares MBS ETF comprises approximately 3.1% of Arvest Investments Inc.’s portfolio, making the stock its 7th biggest holding. Arvest Investments Inc. owned approximately 0.05% of iShares MBS ETF worth $21,485,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in MBB. Delos Wealth Advisors LLC purchased a new stake in shares of iShares MBS ETF in the second quarter worth about $26,000. LRI Investments LLC bought a new stake in shares of iShares MBS ETF during the 2nd quarter valued at about $30,000. Tsfg LLC increased its position in shares of iShares MBS ETF by 106.8% in the second quarter. Tsfg LLC now owns 335 shares of the company’s stock worth $31,000 after purchasing an additional 173 shares during the last quarter. Flaharty Asset Management LLC purchased a new stake in iShares MBS ETF in the first quarter valued at approximately $34,000. Finally, MassMutual Private Wealth & Trust FSB raised its stake in iShares MBS ETF by 317.2% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock valued at $36,000 after purchasing an additional 295 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

NASDAQ MBB opened at $95.09 on Monday. The stock’s 50-day simple moving average is $95.45 and its two-hundred day simple moving average is $94.40. iShares MBS ETF has a twelve month low of $90.28 and a twelve month high of $96.25.

iShares MBS ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th will be paid a $0.334 dividend. The ex-dividend date of this dividend is Friday, December 19th. This represents a c) annualized dividend and a yield of 4.2%.

About iShares MBS ETF

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).