Clearwater Capital Advisors LLC Trims Holdings in iShares MBS ETF $MBB

Clearwater Capital Advisors LLC trimmed its position in iShares MBS ETF (NASDAQ:MBB) by 3.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 311,265 shares of the company’s stock after selling 10,408 shares during the quarter. iShares MBS ETF comprises approximately 2.5% of Clearwater Capital Advisors LLC’s holdings, making the stock its 13th biggest position. Clearwater Capital Advisors LLC owned about 0.08% of iShares MBS ETF worth $29,639,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Howe & Rusling Inc. increased its holdings in iShares MBS ETF by 184.0% in the 3rd quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock worth $27,000 after acquiring an additional 184 shares in the last quarter. Westfuller Advisors LLC purchased a new stake in iShares MBS ETF in the 3rd quarter worth approximately $33,000. Wealth Watch Advisors INC purchased a new stake in iShares MBS ETF in the 3rd quarter worth approximately $35,000. Aventura Private Wealth LLC purchased a new stake in iShares MBS ETF in the 4th quarter worth approximately $35,000. Finally, Dunhill Financial LLC increased its holdings in iShares MBS ETF by 3,554.5% in the 4th quarter. Dunhill Financial LLC now owns 402 shares of the company’s stock worth $38,000 after acquiring an additional 391 shares in the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

iShares MBS ETF stock opened at $94.08 on Monday. The firm has a 50 day moving average of $94.71 and a 200 day moving average of $95.26. iShares MBS ETF has a 12-month low of $91.56 and a 12-month high of $96.96.

iShares MBS ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were issued a $0.3346 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Friday, May 1st.

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). 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).