iShares MBS ETF $MBB Stake Raised by Sharkey Howes & Javer

Sharkey Howes & Javer increased its holdings in iShares MBS ETF (NASDAQ:MBB) by 4.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 186,638 shares of the company’s stock after buying an additional 7,539 shares during the quarter. iShares MBS ETF comprises 2.3% of Sharkey Howes & Javer’s portfolio, making the stock its 12th largest holding. Sharkey Howes & Javer’s holdings in iShares MBS ETF were worth $17,759,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. DAVENPORT & Co LLC increased its position in shares of iShares MBS ETF by 9.2% in the second quarter. DAVENPORT & Co LLC now owns 7,323 shares of the company’s stock worth $688,000 after acquiring an additional 614 shares in the last quarter. Ironwood Investment Counsel LLC purchased a new stake in shares of iShares MBS ETF in the 2nd quarter valued at approximately $206,000. Global Retirement Partners LLC purchased a new stake in shares of iShares MBS ETF in the 2nd quarter valued at approximately $18,788,000. Keystone Global Partners LLC boosted its stake in iShares MBS ETF by 128.9% in the 2nd quarter. Keystone Global Partners LLC now owns 1,094 shares of the company’s stock worth $103,000 after purchasing an additional 616 shares during the period. Finally, CW Advisors LLC boosted its stake in iShares MBS ETF by 29.5% in the 2nd quarter. CW Advisors LLC now owns 67,938 shares of the company’s stock worth $6,379,000 after purchasing an additional 15,495 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $95.09 on Friday. The company’s fifty day moving average is $95.45 and its two-hundred day moving average is $94.39. iShares MBS ETF has a 12-month low of $90.28 and a 12-month high of $96.25.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, December 24th. Investors of record on Friday, December 19th will be given a dividend of $0.334 per share. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is 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).