Clearview Wealth Advisors LLC Sells 132 Shares of iShares MBS ETF $MBB

Clearview Wealth Advisors LLC trimmed its holdings in iShares MBS ETF (NASDAQ:MBB) by 0.8% in the 2nd quarter, HoldingsChannel reports. The firm owned 15,486 shares of the company’s stock after selling 132 shares during the quarter. iShares MBS ETF makes up approximately 1.0% of Clearview Wealth Advisors LLC’s portfolio, making the stock its 26th largest holding. Clearview Wealth Advisors LLC’s holdings in iShares MBS ETF were worth $1,454,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of MBB. LPL Financial LLC increased its holdings in iShares MBS ETF by 11.0% in the 1st quarter. LPL Financial LLC now owns 24,262,602 shares of the company’s stock valued at $2,275,347,000 after acquiring an additional 2,404,586 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of iShares MBS ETF by 0.3% in the first quarter. PNC Financial Services Group Inc. now owns 2,939,526 shares of the company’s stock worth $275,669,000 after buying an additional 8,399 shares in the last quarter. Renaissancere Holdings Ltd. purchased a new position in iShares MBS ETF during the 1st quarter valued at approximately $267,782,000. Cetera Investment Advisers raised its holdings in shares of iShares MBS ETF by 17.5% during the 1st quarter. Cetera Investment Advisers now owns 1,863,533 shares of the company’s stock worth $174,762,000 after acquiring an additional 277,926 shares in the last quarter. Finally, Raymond James Financial Inc. increased its position in iShares MBS ETF by 13.0% in the first quarter. Raymond James Financial Inc. now owns 1,421,953 shares of the company’s stock worth $133,351,000 after purchasing an additional 163,543 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $95.53 on Thursday. The company’s 50-day moving average price is $94.65 and its 200-day moving average price is $93.44. iShares MBS ETF has a twelve month low of $90.28 and a twelve month high of $95.97.

iShares MBS ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a $0.3363 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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).