Clearwater Capital Advisors LLC Sells 10,408 Shares of iShares MBS ETF $MBB

Clearwater Capital Advisors LLC trimmed its holdings in iShares MBS ETF (NASDAQ:MBB) by 3.2% in the 4th quarter, HoldingsChannel reports. The firm owned 311,265 shares of the company’s stock after selling 10,408 shares during the quarter. iShares MBS ETF makes up approximately 2.5% of Clearwater Capital Advisors LLC’s portfolio, making the stock its 13th largest holding. Clearwater Capital Advisors LLC’s holdings in iShares MBS ETF were worth $29,639,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MBB. Dakota Wealth Management boosted its position in shares of iShares MBS ETF by 20.9% during the 3rd quarter. Dakota Wealth Management now owns 363,649 shares of the company’s stock valued at $34,601,000 after acquiring an additional 62,909 shares during the last quarter. Brookstone Capital Management boosted its position in shares of iShares MBS ETF by 3.2% during the 4th quarter. Brookstone Capital Management now owns 308,428 shares of the company’s stock valued at $29,368,000 after acquiring an additional 9,547 shares during the last quarter. Argent Trust Co boosted its position in shares of iShares MBS ETF by 233.6% during the 3rd quarter. Argent Trust Co now owns 9,790 shares of the company’s stock valued at $932,000 after acquiring an additional 6,855 shares during the last quarter. Dearborn Partners LLC bought a new position in shares of iShares MBS ETF during the 3rd quarter valued at approximately $539,000. Finally, Compound Planning Inc. boosted its position in shares of iShares MBS ETF by 12.6% during the 3rd quarter. Compound Planning Inc. now owns 125,204 shares of the company’s stock valued at $11,913,000 after acquiring an additional 13,979 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

NASDAQ MBB opened at $94.08 on Monday. iShares MBS ETF has a one year low of $91.56 and a one year high of $96.96. The stock has a 50 day moving average price of $94.71 and a 200-day moving average price of $95.26.

iShares MBS ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a dividend of $0.3346 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Friday, May 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). 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).