iShares MBS ETF $MBB Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lessened its position in shares of iShares MBS ETF (NASDAQ:MBB) by 36.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 87,058 shares of the company’s stock after selling 50,997 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares MBS ETF were worth $8,290,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Moors & Cabot Inc. grew its holdings in iShares MBS ETF by 3.1% during the 4th quarter. Moors & Cabot Inc. now owns 13,327 shares of the company’s stock worth $1,269,000 after acquiring an additional 396 shares in the last quarter. CFS Investment Advisory Services LLC grew its holdings in iShares MBS ETF by 0.6% during the 4th quarter. CFS Investment Advisory Services LLC now owns 187,507 shares of the company’s stock worth $17,854,000 after acquiring an additional 1,155 shares in the last quarter. Foundations Investment Advisors LLC boosted its holdings in shares of iShares MBS ETF by 6.4% in the 4th quarter. Foundations Investment Advisors LLC now owns 449,470 shares of the company’s stock valued at $42,799,000 after buying an additional 27,098 shares in the last quarter. IFG Advisory LLC boosted its holdings in shares of iShares MBS ETF by 5.2% in the 4th quarter. IFG Advisory LLC now owns 127,562 shares of the company’s stock valued at $12,146,000 after buying an additional 6,292 shares in the last quarter. Finally, Huntington National Bank boosted its holdings in shares of iShares MBS ETF by 4.9% in the 4th quarter. Huntington National Bank now owns 183,360 shares of the company’s stock valued at $17,460,000 after buying an additional 8,491 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of iShares MBS ETF stock opened at $94.32 on Wednesday. The company has a fifty day simple moving average of $94.63 and a 200-day simple moving average of $95.23. iShares MBS ETF has a 12-month low of $91.56 and a 12-month high of $96.96.

iShares MBS ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Monday, June 1st will be issued a $0.3334 dividend. The ex-dividend date is Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.2%.

iShares MBS ETF Company 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). 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).