Chesley Taft & Associates LLC Trims Stock Position in iShares MBS ETF $MBB

Chesley Taft & Associates LLC lowered its holdings in iShares MBS ETF (NASDAQ:MBB) by 11.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,161 shares of the company’s stock after selling 280 shares during the quarter. Chesley Taft & Associates LLC’s holdings in iShares MBS ETF were worth $203,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of MBB. Lifelong Wealth Advisors Inc. increased its position in shares of iShares MBS ETF by 0.9% during the second quarter. Lifelong Wealth Advisors Inc. now owns 18,661 shares of the company’s stock valued at $1,752,000 after acquiring an additional 172 shares during the last quarter. Fermata Advisors LLC lifted its holdings in shares of iShares MBS ETF by 8.9% in the 2nd quarter. Fermata Advisors LLC now owns 27,611 shares of the company’s stock worth $2,592,000 after acquiring an additional 2,268 shares during the last quarter. Balefire LLC purchased a new position in shares of iShares MBS ETF during the 2nd quarter worth approximately $1,604,000. Fiduciary Alliance LLC increased its holdings in iShares MBS ETF by 23.9% in the 2nd quarter. Fiduciary Alliance LLC now owns 4,377 shares of the company’s stock valued at $411,000 after purchasing an additional 845 shares during the last quarter. Finally, Parkside Advisors LLC raised its position in iShares MBS ETF by 0.5% in the second quarter. Parkside Advisors LLC now owns 66,555 shares of the company’s stock valued at $6,249,000 after purchasing an additional 349 shares during the period. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 0.4%

Shares of NASDAQ MBB opened at $95.03 on Friday. The stock has a fifty day simple moving average of $93.87 and a 200-day simple moving average of $93.19. iShares MBS ETF has a twelve month low of $90.28 and a twelve month high of $96.34.

iShares MBS ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, September 5th. Shareholders of record on Tuesday, September 2nd were issued a dividend of $0.3383 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date was Tuesday, September 2nd.

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).