Leavell Investment Management Inc. Has $19.35 Million Position in iShares MBS ETF $MBB

Leavell Investment Management Inc. boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 7.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 203,373 shares of the company’s stock after acquiring an additional 14,241 shares during the quarter. iShares MBS ETF makes up approximately 0.8% of Leavell Investment Management Inc.’s portfolio, making the stock its 23rd largest holding. Leavell Investment Management Inc.’s holdings in iShares MBS ETF were worth $19,351,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in MBB. FSC Wealth Advisors LLC raised its holdings in shares of iShares MBS ETF by 1.3% during the 2nd quarter. FSC Wealth Advisors LLC now owns 8,559 shares of the company’s stock valued at $804,000 after purchasing an additional 107 shares in the last quarter. Creekmur Asset Management LLC increased its position in iShares MBS ETF by 21.5% during the second quarter. Creekmur Asset Management LLC now owns 621 shares of the company’s stock worth $58,000 after buying an additional 110 shares during the last quarter. OMNI 360 Wealth Inc. increased its position in iShares MBS ETF by 2.3% during the third quarter. OMNI 360 Wealth Inc. now owns 4,925 shares of the company’s stock worth $469,000 after buying an additional 113 shares during the last quarter. International Private Wealth Advisors LLC raised its holdings in iShares MBS ETF by 2.8% during the second quarter. International Private Wealth Advisors LLC now owns 4,120 shares of the company’s stock valued at $387,000 after buying an additional 114 shares in the last quarter. Finally, Midwest Heritage Bank FSB raised its holdings in iShares MBS ETF by 4.0% during the second quarter. Midwest Heritage Bank FSB now owns 2,982 shares of the company’s stock valued at $280,000 after buying an additional 116 shares in the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Down 0.1%

Shares of NASDAQ:MBB opened at $95.57 on Friday. The business has a 50-day moving average of $95.35 and a two-hundred day moving average of $94.73. iShares MBS ETF has a fifty-two week low of $90.84 and a fifty-two week high of $96.25.

iShares MBS ETF Cuts Dividend

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

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).