Buttonwood Financial Group LLC Sells 7,913 Shares of iShares MBS ETF $MBB

Buttonwood Financial Group LLC lowered its stake in iShares MBS ETF (NASDAQ:MBB) by 28.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,018 shares of the company’s stock after selling 7,913 shares during the period. iShares MBS ETF makes up approximately 1.0% of Buttonwood Financial Group LLC’s investment portfolio, making the stock its 18th biggest position. Buttonwood Financial Group LLC’s holdings in iShares MBS ETF were worth $1,918,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Delos Wealth Advisors LLC bought a new stake in shares of iShares MBS ETF in the 2nd quarter valued at approximately $26,000. Howe & Rusling Inc. increased its position in shares of iShares MBS ETF by 184.0% during the 3rd quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock valued at $27,000 after purchasing an additional 184 shares during the last quarter. Westfuller Advisors LLC purchased a new stake in iShares MBS ETF during the 3rd quarter valued at $33,000. Aventura Private Wealth LLC purchased a new stake in iShares MBS ETF during the 4th quarter valued at $35,000. Finally, Wealth Watch Advisors INC bought a new stake in iShares MBS ETF in the third quarter worth $35,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Down 0.7%

NASDAQ MBB opened at $94.04 on Friday. The company has a fifty day moving average of $95.62 and a two-hundred day moving average of $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 company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.3278 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Monday, March 2nd.

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).