iShares MBS ETF $MBB Shares Sold by Westover Capital Advisors LLC

Westover Capital Advisors LLC lowered its stake in iShares MBS ETF (NASDAQ:MBB) by 1.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 92,820 shares of the company’s stock after selling 1,366 shares during the quarter. iShares MBS ETF comprises 1.7% of Westover Capital Advisors LLC’s portfolio, making the stock its 15th largest position. Westover Capital Advisors LLC’s holdings in iShares MBS ETF were worth $8,715,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Brighton Jones LLC purchased a new stake in shares of iShares MBS ETF during the fourth quarter valued at approximately $273,000. OneAscent Financial Services LLC grew its holdings in iShares MBS ETF by 5.7% during the 1st quarter. OneAscent Financial Services LLC now owns 10,352 shares of the company’s stock valued at $974,000 after purchasing an additional 556 shares in the last quarter. J.W. Cole Advisors Inc. grew its holdings in iShares MBS ETF by 173.4% during the 1st quarter. J.W. Cole Advisors Inc. now owns 12,121 shares of the company’s stock valued at $1,137,000 after purchasing an additional 7,687 shares in the last quarter. Allianz Asset Management GmbH lifted its holdings in iShares MBS ETF by 23.4% in the 1st quarter. Allianz Asset Management GmbH now owns 572,009 shares of the company’s stock worth $53,643,000 after buying an additional 108,309 shares in the last quarter. Finally, Proficio Capital Partners LLC lifted its holdings in iShares MBS ETF by 8.9% in the 1st quarter. Proficio Capital Partners LLC now owns 92,519 shares of the company’s stock worth $8,623,000 after buying an additional 7,555 shares in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

NASDAQ:MBB opened at $95.01 on Tuesday. The firm has a 50-day moving average of $95.40 and a two-hundred day moving average of $93.88. iShares MBS ETF has a 1-year low of $90.28 and a 1-year high of $96.25.

iShares MBS ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were issued a $0.342 dividend. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.34. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Monday, November 3rd.

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).