iShares MBS ETF $MBB is Northwest Capital Management Inc’s 8th Largest Position

Northwest Capital Management Inc reduced its position in shares of iShares MBS ETF (NASDAQ:MBBFree Report) by 65.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,027 shares of the company’s stock after selling 13,156 shares during the period. iShares MBS ETF accounts for about 2.9% of Northwest Capital Management Inc’s portfolio, making the stock its 8th largest holding. Northwest Capital Management Inc’s holdings in iShares MBS ETF were worth $669,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. FWG Investments LLC. increased its stake in iShares MBS ETF by 4.0% during the 3rd quarter. FWG Investments LLC. now owns 2,858 shares of the company’s stock worth $272,000 after buying an additional 109 shares in the last quarter. Alesco Advisors LLC boosted its holdings in shares of iShares MBS ETF by 0.8% during the 3rd quarter. Alesco Advisors LLC now owns 13,395 shares of the company’s stock worth $1,275,000 after purchasing an additional 110 shares during the last quarter. Lynx Investment Advisory boosted its holdings in shares of iShares MBS ETF by 4.5% during the 3rd quarter. Lynx Investment Advisory now owns 2,575 shares of the company’s stock worth $245,000 after purchasing an additional 110 shares during the last quarter. OMNI 360 Wealth Inc. boosted its holdings in shares of iShares MBS ETF by 2.3% during the 3rd quarter. OMNI 360 Wealth Inc. now owns 4,925 shares of the company’s stock worth $469,000 after purchasing an additional 113 shares during the last quarter. Finally, Coordinated Financial Services Inc. boosted its holdings in shares of iShares MBS ETF by 0.6% during the 3rd quarter. Coordinated Financial Services Inc. now owns 19,481 shares of the company’s stock worth $1,854,000 after purchasing an additional 118 shares during the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

Shares of iShares MBS ETF stock opened at $95.27 on Thursday. The stock’s 50 day simple moving average is $95.46 and its 200-day simple moving average is $95.43. iShares MBS ETF has a 1-year low of $91.19 and a 1-year high of $96.96.

iShares MBS ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were issued a dividend of $0.3329 per share. The ex-dividend date was Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 4.2%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.33.

About iShares MBS ETF

(Free Report)

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).

Further Reading

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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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