17,408 iShares MBS ETF $MBB Shares Sold by Cassilly Financial Group LLC

Cassilly Financial Group LLC lessened its position in iShares MBS ETF (NASDAQ:MBB) by 62.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,549 shares of the company’s stock after selling 17,408 shares during the period. Cassilly Financial Group LLC’s holdings in iShares MBS ETF were worth $945,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Shelter Ins Retirement Plan purchased a new position in iShares MBS ETF in the 2nd quarter worth approximately $12,335,042,000. Envestnet Asset Management Inc. boosted its stake in iShares MBS ETF by 6.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 30,910,875 shares of the company’s stock valued at $2,921,648,000 after purchasing an additional 2,006,656 shares during the last quarter. TIAA Trust National Association increased its holdings in shares of iShares MBS ETF by 2.5% in the 4th quarter. TIAA Trust National Association now owns 26,010,786 shares of the company’s stock worth $2,479,899,000 after purchasing an additional 646,390 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of iShares MBS ETF by 3.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,106,470 shares of the company’s stock worth $294,959,000 after purchasing an additional 106,144 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of iShares MBS ETF by 9.5% in the 1st quarter. Bank of New York Mellon Corp now owns 2,314,725 shares of the company’s stock worth $219,783,000 after purchasing an additional 201,354 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.2%

Shares of MBB stock traded down $0.14 during mid-day trading on Wednesday, hitting $89.22. The company’s stock had a trading volume of 4,982,386 shares, compared to its average volume of 3,112,106. iShares MBS ETF has a 52-week low of $88.58 and a 52-week high of $96.96. The business has a 50-day moving average price of $92.09 and a 200 day moving average price of $93.56.

iShares MBS ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a dividend of $0.3662 per share. The ex-dividend date was Thursday, October 1st. This represents a $4.39 annualized dividend and a yield of 4.9%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.3388.

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). 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).