iShares MBS ETF $MBB Stock: Two West Capital Advisors LLC Reduces Position

Two West Capital Advisors LLC lowered its position in iShares MBS ETF (NASDAQ:MBB) by 80.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,578 shares of the company’s stock after selling 14,411 shares during the period. Two West Capital Advisors LLC’s holdings in iShares MBS ETF were worth $320,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of MBB. YANKCOM Partnership boosted its position in iShares MBS ETF by 102.2% in the third quarter. YANKCOM Partnership now owns 1,539 shares of the company’s stock worth $138,000 after purchasing an additional 778 shares during the last quarter. Saxony Capital Management LLC grew its stake in shares of iShares MBS ETF by 28.9% during the 3rd quarter. Saxony Capital Management LLC now owns 15,421 shares of the company’s stock valued at $1,382,000 after purchasing an additional 3,462 shares during the period. Nvwm LLC bought a new stake in shares of iShares MBS ETF during the 3rd quarter valued at about $48,000. ASL Financial LLC increased its position in shares of iShares MBS ETF by 30.6% during the 3rd quarter. ASL Financial LLC now owns 13,388 shares of the company’s stock valued at $1,200,000 after purchasing an additional 3,137 shares during the last quarter. Finally, Mather Group LLC. purchased a new stake in shares of iShares MBS ETF during the 3rd quarter valued at about $2,157,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.7%

Shares of NASDAQ:MBB opened at $90.59 on Friday. The firm’s 50 day moving average price is $91.64 and its 200-day moving average price is $93.34. iShares MBS ETF has a twelve month low of $88.58 and a twelve month high of $96.96.

iShares MBS ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a dividend of $0.3662 per share. This represents a $4.39 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend was Thursday, October 1st. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.3388.

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).