Cwm LLC Trims Position in iShares MBS ETF $MBB

Cwm LLC trimmed its position in shares of iShares MBS ETF (NASDAQ:MBB) by 1.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,902,903 shares of the company’s stock after selling 34,919 shares during the period. Cwm LLC’s holdings in iShares MBS ETF were worth $181,061,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of MBB. FSC Wealth Advisors LLC increased its stake in iShares MBS ETF by 1.3% in the 2nd quarter. FSC Wealth Advisors LLC now owns 8,559 shares of the company’s stock worth $804,000 after buying an additional 107 shares in the last quarter. Creekmur Asset Management LLC boosted its stake in shares of iShares MBS ETF by 21.5% in the second quarter. Creekmur Asset Management LLC now owns 621 shares of the company’s stock worth $58,000 after acquiring an additional 110 shares during the period. International Private Wealth Advisors LLC boosted its stake in shares of iShares MBS ETF by 2.8% in the second quarter. International Private Wealth Advisors LLC now owns 4,120 shares of the company’s stock worth $387,000 after acquiring an additional 114 shares during the period. Midwest Heritage Bank FSB grew its position in shares of iShares MBS ETF by 4.0% during the second quarter. Midwest Heritage Bank FSB now owns 2,982 shares of the company’s stock worth $280,000 after purchasing an additional 116 shares in the last quarter. Finally, Beacon Capital Management LLC grew its position in shares of iShares MBS ETF by 35.3% during the second quarter. Beacon Capital Management LLC now owns 460 shares of the company’s stock worth $43,000 after purchasing an additional 120 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $95.42 on Friday. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $96.25. The stock’s 50 day moving average is $95.43 and its 200 day moving average is $94.46.

iShares MBS ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were issued a $0.334 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, December 19th.

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).