CAP Partners LLC Has $904,000 Position in iShares MBS ETF (NASDAQ:MBB)

CAP Partners LLC decreased its position in iShares MBS ETF (NASDAQ:MBB) by 14.9% during the 1st quarter, Holdings Channel reports. The firm owned 9,785 shares of the company’s stock after selling 1,717 shares during the quarter. CAP Partners LLC’s holdings in iShares MBS ETF were worth $904,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in MBB. Manhattan West Asset Management LLC increased its stake in shares of iShares MBS ETF by 14.3% in the fourth quarter. Manhattan West Asset Management LLC now owns 47,727 shares of the company’s stock valued at $4,490,000 after buying an additional 5,976 shares in the last quarter. Crewe Advisors LLC acquired a new position in shares of iShares MBS ETF during the fourth quarter worth approximately $82,000. Hilltop Holdings Inc. lifted its position in shares of iShares MBS ETF by 0.3% during the fourth quarter. Hilltop Holdings Inc. now owns 125,744 shares of the company’s stock worth $11,830,000 after purchasing an additional 343 shares in the last quarter. US Financial Advisors LLC grew its stake in shares of iShares MBS ETF by 7.2% during the fourth quarter. US Financial Advisors LLC now owns 22,670 shares of the company’s stock valued at $2,133,000 after purchasing an additional 1,518 shares during the last quarter. Finally, Buttonwood Financial Group LLC increased its holdings in shares of iShares MBS ETF by 0.9% in the fourth quarter. Buttonwood Financial Group LLC now owns 30,211 shares of the company’s stock valued at $2,842,000 after purchasing an additional 269 shares in the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Up 0.3 %

NASDAQ:MBB traded up $0.28 during trading hours on Tuesday, hitting $91.13. 1,569,331 shares of the stock were exchanged, compared to its average volume of 2,445,300. The company’s 50 day moving average is $91.27 and its two-hundred day moving average is $91.96. iShares MBS ETF has a twelve month low of $85.28 and a twelve month high of $94.55.

iShares MBS ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, July 5th. Investors of record on Monday, July 1st will be issued a $0.3053 dividend. This represents a $3.66 annualized dividend and a yield of 4.02%. The ex-dividend date of this dividend is Monday, July 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).