iShares MBS ETF $MBB Stock Position Decreased by Confluence Investment Management LLC

Confluence Investment Management LLC lowered its holdings in iShares MBS ETF (NASDAQ:MBB) by 6.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 344,690 shares of the company’s stock after selling 21,807 shares during the period. Confluence Investment Management LLC owned about 0.08% of iShares MBS ETF worth $32,821,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in MBB. Rosenberg Matthew Hamilton lifted its holdings in shares of iShares MBS ETF by 28.6% in the 4th quarter. Rosenberg Matthew Hamilton now owns 13,025 shares of the company’s stock worth $1,240,000 after purchasing an additional 2,893 shares during the last quarter. Boltwood Capital Management lifted its stake in iShares MBS ETF by 1.5% in the fourth quarter. Boltwood Capital Management now owns 130,677 shares of the company’s stock valued at $12,443,000 after buying an additional 1,887 shares during the last quarter. Insight Wealth Strategies LLC boosted its holdings in shares of iShares MBS ETF by 0.9% during the fourth quarter. Insight Wealth Strategies LLC now owns 41,617 shares of the company’s stock valued at $3,963,000 after acquiring an additional 373 shares during the period. Cape Investment Advisory Inc. boosted its holdings in shares of iShares MBS ETF by 8.9% during the third quarter. Cape Investment Advisory Inc. now owns 3,427 shares of the company’s stock valued at $326,000 after acquiring an additional 279 shares during the period. Finally, Triumph Capital Management bought a new position in shares of iShares MBS ETF during the third quarter worth about $47,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Up 0.1%

MBB stock opened at $95.10 on Friday. The firm’s 50-day simple moving average is $95.76 and its 200 day simple moving average is $95.46. iShares MBS ETF has a fifty-two week low of $90.84 and a fifty-two week high of $96.96.

iShares MBS ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a $0.3278 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.1%.

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).