Winfield Associates Inc. Trims Stake in iShares MBS ETF (NASDAQ:MBB)

Winfield Associates Inc. cut its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 53.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,140 shares of the company’s stock after selling 3,650 shares during the quarter. Winfield Associates Inc.’s holdings in iShares MBS ETF were worth $340,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. increased its position in shares of iShares MBS ETF by 8.6% during the first quarter. JPMorgan Chase & Co. now owns 17,530,442 shares of the company’s stock worth $1,900,650,000 after acquiring an additional 1,392,712 shares during the period. Envestnet Asset Management Inc. increased its position in shares of iShares MBS ETF by 9.5% during the second quarter. Envestnet Asset Management Inc. now owns 9,419,349 shares of the company’s stock worth $1,019,455,000 after acquiring an additional 814,445 shares during the period. Ameriprise Financial Inc. increased its position in shares of iShares MBS ETF by 3.5% during the first quarter. Ameriprise Financial Inc. now owns 7,668,873 shares of the company’s stock worth $830,560,000 after acquiring an additional 257,460 shares during the period. Morgan Stanley boosted its stake in shares of iShares MBS ETF by 4.6% during the first quarter. Morgan Stanley now owns 5,222,898 shares of the company’s stock valued at $566,267,000 after purchasing an additional 230,547 shares in the last quarter. Finally, Jane Street Group LLC boosted its stake in shares of iShares MBS ETF by 2,006.9% during the first quarter. Jane Street Group LLC now owns 3,501,507 shares of the company’s stock valued at $379,633,000 after purchasing an additional 3,335,312 shares in the last quarter.

Shares of NASDAQ MBB traded down $0.17 during midday trading on Thursday, reaching $108.27. 1,195 shares of the company’s stock traded hands, compared to its average volume of 1,593,564. The stock’s 50 day simple moving average is $108.53 and its 200-day simple moving average is $108.47. iShares MBS ETF has a one year low of $107.91 and a one year high of $110.45.

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 8th. Stockholders of record on Thursday, September 2nd were paid a dividend of $0.073 per share. The ex-dividend date was Wednesday, September 1st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.81%.

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).

Further Reading: What is Considered a Good Return on Equity (ROE)?

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

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