Clarendon Private LLC Grows Stock Holdings in iShares MBS ETF $MBB

Clarendon Private LLC boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 5.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,479 shares of the company’s stock after buying an additional 530 shares during the quarter. iShares MBS ETF makes up about 0.9% of Clarendon Private LLC’s investment portfolio, making the stock its 29th largest holding. Clarendon Private LLC’s holdings in iShares MBS ETF were worth $984,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. IMG Wealth Management Inc. bought a new stake in iShares MBS ETF during the first quarter valued at approximately $30,000. LRI Investments LLC bought a new position in shares of iShares MBS ETF in the second quarter worth approximately $30,000. Headlands Technologies LLC purchased a new stake in shares of iShares MBS ETF in the first quarter worth $31,000. Flaharty Asset Management LLC bought a new stake in shares of iShares MBS ETF during the 1st quarter valued at $34,000. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in shares of iShares MBS ETF by 317.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock valued at $36,000 after buying an additional 295 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Trading Up 0.4%

Shares of MBB stock opened at $95.28 on Friday. iShares MBS ETF has a 52-week low of $90.28 and a 52-week high of $95.97. The stock has a fifty day simple moving average of $94.55 and a two-hundred day simple moving average of $93.39.

iShares MBS ETF Cuts Dividend

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

About iShares MBS ETF

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).