Commonwealth Equity Services LLC Increases Holdings in iShares MBS ETF (NASDAQ:MBB)

Commonwealth Equity Services LLC increased its stake in iShares MBS ETF (NASDAQ:MBB) by 20.6% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 720,095 shares of the company’s stock after buying an additional 123,005 shares during the period. Commonwealth Equity Services LLC owned 0.25% of iShares MBS ETF worth $67,160,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Jones Financial Companies Lllp raised its holdings in iShares MBS ETF by 216.2% in the 2nd quarter. Jones Financial Companies Lllp now owns 4,500 shares of the company’s stock worth $420,000 after purchasing an additional 3,077 shares during the period. Goelzer Investment Management Inc. grew its position in shares of iShares MBS ETF by 6.3% during the second quarter. Goelzer Investment Management Inc. now owns 102,818 shares of the company’s stock valued at $9,589,000 after purchasing an additional 6,116 shares in the last quarter. Oppenheimer & Co. Inc. purchased a new position in shares of iShares MBS ETF during the second quarter valued at about $811,000. Wright Fund Management LLC grew its position in shares of iShares MBS ETF by 50.4% during the second quarter. Wright Fund Management LLC now owns 1,955,983 shares of the company’s stock valued at $182,425,000 after purchasing an additional 655,183 shares in the last quarter. Finally, Williams Financial LLC grew its position in shares of iShares MBS ETF by 4.2% during the second quarter. Williams Financial LLC now owns 98,126 shares of the company’s stock valued at $9,152,000 after purchasing an additional 3,920 shares in the last quarter. Hedge funds and other institutional investors own 92.51% of the company’s stock.

iShares MBS ETF Stock Up 0.3 %

NASDAQ MBB traded up $0.29 during trading on Friday, hitting $90.05. The stock had a trading volume of 2,618,930 shares, compared to its average volume of 2,208,640. iShares MBS ETF has a one year low of $85.28 and a one year high of $96.78. The stock has a 50 day simple moving average of $88.40 and a 200 day simple moving average of $91.13.

iShares MBS ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 7th. Stockholders of record on Thursday, November 2nd were paid a dividend of $0.274 per share. This represents a $3.29 annualized dividend and a dividend yield of 3.65%. The ex-dividend date of this dividend was Wednesday, November 1st.

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).