Commonwealth Equity Services LLC Purchases 26,354 Shares of iShares MBS ETF $MBB

Commonwealth Equity Services LLC lifted its position in iShares MBS ETF (NASDAQ:MBB) by 4.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 668,057 shares of the company’s stock after purchasing an additional 26,354 shares during the quarter. Commonwealth Equity Services LLC owned 0.15% of iShares MBS ETF worth $63,566,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of MBB. Security Financial Services INC. increased its holdings in shares of iShares MBS ETF by 5.9% during the third quarter. Security Financial Services INC. now owns 121,000 shares of the company’s stock valued at $11,513,000 after acquiring an additional 6,789 shares in the last quarter. DAVENPORT & Co LLC grew its position in iShares MBS ETF by 9.2% during the 2nd quarter. DAVENPORT & Co LLC now owns 7,323 shares of the company’s stock valued at $688,000 after purchasing an additional 614 shares during the last quarter. Ironwood Investment Counsel LLC bought a new stake in iShares MBS ETF during the 2nd quarter valued at about $206,000. Global Retirement Partners LLC bought a new stake in iShares MBS ETF during the 2nd quarter valued at about $18,788,000. Finally, Keystone Global Partners LLC raised its holdings in iShares MBS ETF by 128.9% in the second quarter. Keystone Global Partners LLC now owns 1,094 shares of the company’s stock worth $103,000 after buying an additional 616 shares during the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Up 0.2%

Shares of NASDAQ MBB opened at $95.35 on Tuesday. The firm’s 50 day moving average price is $95.33 and its 200-day moving average price is $94.62. iShares MBS ETF has a 52-week low of $90.28 and a 52-week high of $96.25.

iShares MBS ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a $0.334 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a yield of 4.2%.

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). 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).