Two West Capital Advisors LLC Has $816,000 Stock Position in iShares MBS ETF (NASDAQ:MBB)

Two West Capital Advisors LLC lowered its holdings in iShares MBS ETF (NASDAQ:MBB) by 21.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,875 shares of the company’s stock after selling 2,372 shares during the quarter. iShares MBS ETF accounts for about 0.7% of Two West Capital Advisors LLC’s investment portfolio, making the stock its 26th largest position. Two West Capital Advisors LLC’s holdings in iShares MBS ETF were worth $816,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Tompkins Financial Corp lifted its position in shares of iShares MBS ETF by 51.7% during the 1st quarter. Tompkins Financial Corp now owns 320 shares of the company’s stock worth $30,000 after buying an additional 109 shares during the period. Snowden Capital Advisors LLC lifted its position in shares of iShares MBS ETF by 0.3% during the 4th quarter. Snowden Capital Advisors LLC now owns 35,537 shares of the company’s stock worth $3,258,000 after buying an additional 115 shares during the period. Fiduciary Trust Co lifted its position in shares of iShares MBS ETF by 1.4% during the 4th quarter. Fiduciary Trust Co now owns 10,851 shares of the company’s stock worth $995,000 after buying an additional 150 shares during the period. WMG Financial Advisors LLC lifted its position in shares of iShares MBS ETF by 4.3% during the 4th quarter. WMG Financial Advisors LLC now owns 3,692 shares of the company’s stock worth $338,000 after buying an additional 152 shares during the period. Finally, Continuum Advisory LLC lifted its position in shares of iShares MBS ETF by 5.6% during the 4th quarter. Continuum Advisory LLC now owns 3,522 shares of the company’s stock worth $323,000 after buying an additional 188 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $92.61 on Thursday. iShares MBS ETF has a one year low of $90.28 and a one year high of $96.76. The business has a 50 day simple moving average of $92.42 and a 200 day simple moving average of $92.52.

iShares MBS ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were given a dividend of $0.3251 per share. The ex-dividend date was Monday, June 2nd. This represents a $3.90 annualized dividend and a dividend yield of 4.21%.

iShares MBS ETF 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).