Cliftonlarsonallen Wealth Advisors LLC Purchases 18,484 Shares of iShares MBS ETF $MBB

Cliftonlarsonallen Wealth Advisors LLC raised its position in iShares MBS ETF (NASDAQ:MBB) by 2.0% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 960,195 shares of the company’s stock after purchasing an additional 18,484 shares during the period. iShares MBS ETF accounts for 1.5% of Cliftonlarsonallen Wealth Advisors LLC’s holdings, making the stock its 16th biggest position. Cliftonlarsonallen Wealth Advisors LLC’s holdings in iShares MBS ETF were worth $90,153,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MBB. Renaissancere Holdings Ltd. bought a new stake in iShares MBS ETF during the first quarter worth $267,782,000. LPL Financial LLC increased its position in shares of iShares MBS ETF by 11.0% during the 1st quarter. LPL Financial LLC now owns 24,262,602 shares of the company’s stock valued at $2,275,347,000 after purchasing an additional 2,404,586 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in shares of iShares MBS ETF during the 1st quarter valued at $98,713,000. Jane Street Group LLC raised its stake in shares of iShares MBS ETF by 2,142.6% during the 1st quarter. Jane Street Group LLC now owns 949,675 shares of the company’s stock worth $89,061,000 after purchasing an additional 907,328 shares during the period. Finally, Bessemer Group Inc. raised its stake in shares of iShares MBS ETF by 68.0% during the 1st quarter. Bessemer Group Inc. now owns 1,400,953 shares of the company’s stock worth $131,382,000 after purchasing an additional 567,008 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB opened at $95.12 on Thursday. The firm has a 50-day moving average of $94.28 and a 200 day moving average of $93.31. iShares MBS ETF has a fifty-two week low of $90.28 and a fifty-two week high of $95.97.

iShares MBS ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be given a dividend of $0.3363 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is 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).