iShares MBS ETF (NASDAQ:MBB) Shares Sold by Boltwood Capital Management

Boltwood Capital Management trimmed its stake in iShares MBS ETF (NASDAQ:MBB) by 2.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 133,985 shares of the company’s stock after selling 3,137 shares during the period. iShares MBS ETF comprises approximately 3.8% of Boltwood Capital Management’s investment portfolio, making the stock its 4th biggest position. Boltwood Capital Management’s holdings in iShares MBS ETF were worth $12,565,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fermata Advisors LLC boosted its position in iShares MBS ETF by 94.8% during the first quarter. Fermata Advisors LLC now owns 25,343 shares of the company’s stock valued at $2,377,000 after acquiring an additional 12,334 shares during the last quarter. Naples Global Advisors LLC boosted its position in iShares MBS ETF by 20.7% during the first quarter. Naples Global Advisors LLC now owns 18,645 shares of the company’s stock valued at $1,749,000 after acquiring an additional 3,199 shares during the last quarter. Beacon Financial Group boosted its position in iShares MBS ETF by 1.1% during the first quarter. Beacon Financial Group now owns 62,063 shares of the company’s stock valued at $5,820,000 after acquiring an additional 688 shares during the last quarter. Northside Capital Management LLC boosted its position in iShares MBS ETF by 2.7% during the first quarter. Northside Capital Management LLC now owns 222,308 shares of the company’s stock valued at $20,848,000 after acquiring an additional 5,842 shares during the last quarter. Finally, Lakeshore Capital Group Inc. bought a new stake in iShares MBS ETF during the first quarter valued at $1,423,000. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.7%

Shares of MBB opened at $92.58 on Thursday. The firm’s fifty day simple moving average is $92.60 and its two-hundred day simple moving average is $92.53. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd will be given a dividend of $0.3251 per share. The ex-dividend date is Monday, June 2nd. This represents a $3.90 dividend on an annualized basis and a dividend yield of 4.21%.

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).