Boyd Watterson Asset Management LLC OH Reduces Stake in iShares MBS ETF $MBB

Boyd Watterson Asset Management LLC OH lowered its stake in iShares MBS ETF (NASDAQ:MBB) by 1.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,057 shares of the company’s stock after selling 572 shares during the period. iShares MBS ETF makes up approximately 1.7% of Boyd Watterson Asset Management LLC OH’s investment portfolio, making the stock its 13th biggest position. Boyd Watterson Asset Management LLC OH’s holdings in iShares MBS ETF were worth $5,357,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of MBB. LRI Investments LLC purchased a new position in shares of iShares MBS ETF during the second quarter valued at approximately $30,000. Headlands Technologies LLC purchased a new position in shares of iShares MBS ETF during the first quarter valued at approximately $31,000. Flaharty Asset Management LLC purchased a new position in shares of iShares MBS ETF during the first quarter valued at approximately $34,000. MassMutual Private Wealth & Trust FSB boosted its position in shares of iShares MBS ETF by 317.2% during the second 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 during the period. Finally, MorganRosel Wealth Management LLC purchased a new position in shares of iShares MBS ETF during the first quarter valued at approximately $38,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $96.13 on Tuesday. iShares MBS ETF has a 1 year low of $90.28 and a 1 year high of $96.20. The business has a 50 day simple moving average of $95.03 and a two-hundred day simple moving average of $93.59.

iShares MBS ETF Cuts Dividend

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