Westover Capital Advisors LLC Grows Stake in iShares MBS ETF $MBB

Westover Capital Advisors LLC raised its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 21.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 112,663 shares of the company’s stock after buying an additional 19,843 shares during the quarter. iShares MBS ETF comprises about 2.0% of Westover Capital Advisors LLC’s holdings, making the stock its 13th largest position. Westover Capital Advisors LLC’s holdings in iShares MBS ETF were worth $10,720,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Delos Wealth Advisors LLC bought a new stake in shares of iShares MBS ETF during the 2nd quarter worth $26,000. Howe & Rusling Inc. increased its stake in iShares MBS ETF by 184.0% in the third quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock valued at $27,000 after acquiring an additional 184 shares during the last quarter. Tsfg LLC raised its position in iShares MBS ETF by 106.8% during the second quarter. Tsfg LLC now owns 335 shares of the company’s stock valued at $31,000 after purchasing an additional 173 shares in the last quarter. Westfuller Advisors LLC bought a new stake in iShares MBS ETF during the third quarter worth about $33,000. Finally, Evolution Wealth Management Inc. bought a new stake in iShares MBS ETF during the second quarter worth about $39,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.2%

MBB opened at $95.66 on Thursday. The stock has a 50-day moving average price of $95.39 and a 200-day moving average price of $95.06. iShares MBS ETF has a 12-month low of $90.84 and a 12-month high of $96.25.

iShares MBS ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a $0.3347 dividend. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.33. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Monday, February 2nd.

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).