Capital Investment Advisors LLC Has $50.50 Million Stock Position in iShares MBS ETF (NASDAQ:MBB)

Capital Investment Advisors LLC lowered its position in shares of iShares MBS ETF (NASDAQ:MBBGet Rating) by 3.7% in the first quarter, HoldingsChannel reports. The fund owned 495,691 shares of the company’s stock after selling 18,805 shares during the period. iShares MBS ETF makes up 1.5% of Capital Investment Advisors LLC’s portfolio, making the stock its 12th largest position. Capital Investment Advisors LLC’s holdings in iShares MBS ETF were worth $50,496,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in MBB. Bank of America Corp DE boosted its holdings in shares of iShares MBS ETF by 2.5% in the 4th quarter. Bank of America Corp DE now owns 77,632,869 shares of the company’s stock valued at $8,340,099,000 after buying an additional 1,857,794 shares during the last quarter. TIAA FSB boosted its holdings in shares of iShares MBS ETF by 662.0% in the 4th quarter. TIAA FSB now owns 1,873,128 shares of the company’s stock valued at $201,075,000 after buying an additional 1,627,319 shares during the last quarter. AlphaCentric Advisors LLC acquired a new stake in shares of iShares MBS ETF in the 4th quarter valued at approximately $110,975,000. Charles Schwab Investment Advisory Inc. boosted its holdings in shares of iShares MBS ETF by 61.9% in the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 2,172,883 shares of the company’s stock valued at $233,433,000 after buying an additional 830,363 shares during the last quarter. Finally, CWM LLC acquired a new stake in shares of iShares MBS ETF in the 4th quarter valued at approximately $82,740,000.

NASDAQ MBB opened at $96.22 on Thursday. iShares MBS ETF has a 12 month low of $94.32 and a 12 month high of $108.83. The stock has a 50 day moving average of $97.88 and a 200-day moving average of $102.27.

The business also recently disclosed a monthly dividend, which was paid on Tuesday, June 7th. Stockholders of record on Thursday, June 2nd were issued a $0.162 dividend. This represents a $1.94 annualized dividend and a dividend yield of 2.02%. The ex-dividend date of this dividend was Wednesday, June 1st. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.15.

iShares MBS ETF Profile (Get Rating)

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).

Further Reading

Want to see what other hedge funds are holding MBB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MBS ETF (NASDAQ:MBBGet Rating).

Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

Receive News & Ratings for iShares MBS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MBS ETF and related companies with MarketBeat.com's FREE daily email newsletter.