79,286 iShares MBS ETF $MBB Shares Sold by Boltwood Capital Management

Boltwood Capital Management lessened its position in shares of iShares MBS ETF (NASDAQ:MBB) by 35.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 147,239 shares of the company’s stock after selling 79,286 shares during the quarter. iShares MBS ETF makes up about 3.0% of Boltwood Capital Management’s investment portfolio, making the stock its 5th largest position. Boltwood Capital Management’s holdings in iShares MBS ETF were worth $13,196,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Envestnet Portfolio Solutions Inc. boosted its stake in iShares MBS ETF by 9.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,119,612 shares of the company’s stock worth $200,346,000 after buying an additional 188,877 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares MBS ETF by 6.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 30,910,875 shares of the company’s stock valued at $2,921,648,000 after buying an additional 2,006,656 shares in the last quarter. Talon Private Wealth LLC lifted its holdings in shares of iShares MBS ETF by 1.3% during the 2nd quarter. Talon Private Wealth LLC now owns 260,720 shares of the company’s stock worth $24,643,000 after acquiring an additional 3,219 shares during the period. Tidal Investments LLC lifted its holdings in shares of iShares MBS ETF by 47.1% during the 2nd quarter. Tidal Investments LLC now owns 29,567 shares of the company’s stock worth $2,785,000 after acquiring an additional 9,461 shares during the period. Finally, Capital Analysts LLC boosted its position in shares of iShares MBS ETF by 21.6% during the 2nd quarter. Capital Analysts LLC now owns 82,871 shares of the company’s stock valued at $7,833,000 after acquiring an additional 14,709 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

NASDAQ MBB traded down $0.33 on Friday, reaching $89.22. The company’s stock had a trading volume of 4,647,335 shares, compared to its average volume of 3,070,766. The business has a 50-day moving average price of $92.34 and a 200 day moving average price of $93.69. iShares MBS ETF has a 52 week low of $88.92 and a 52 week high of $96.96.

iShares MBS ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st will be paid a $0.3662 dividend. The ex-dividend date is Thursday, October 1st. This represents a $4.39 annualized dividend and a dividend yield of 4.9%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.3388.

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).