Sharkey Howes & Javer Sells 15,873 Shares of iShares MBS ETF $MBB

Sharkey Howes & Javer lessened its stake in iShares MBS ETF (NASDAQ:MBB) by 6.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 220,271 shares of the company’s stock after selling 15,873 shares during the quarter. iShares MBS ETF comprises about 2.4% of Sharkey Howes & Javer’s holdings, making the stock its 12th largest holding. Sharkey Howes & Javer owned 0.06% of iShares MBS ETF worth $19,741,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in MBB. Bangor Savings Bank acquired a new position in shares of iShares MBS ETF during the 3rd quarter valued at about $38,457,000. Envestnet Asset Management Inc. grew its holdings in shares of iShares MBS ETF by 6.9% in the second 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 period. Rosenberg Matthew Hamilton grew its holdings in shares of iShares MBS ETF by 748.2% in the third quarter. Rosenberg Matthew Hamilton now owns 19,603 shares of the company’s stock valued at $1,757,000 after purchasing an additional 17,292 shares during the period. Advisory Solutions Group LLC purchased a new stake in shares of iShares MBS ETF in the second quarter valued at about $2,878,000. Finally, Corient Private Wealth LP increased its position in iShares MBS ETF by 28.3% during the second quarter. Corient Private Wealth LP now owns 786,118 shares of the company’s stock worth $74,304,000 after purchasing an additional 173,525 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $91.38 on Friday. The company has a 50-day moving average price of $91.38 and a 200 day moving average price of $93.19. iShares MBS ETF has a 12-month low of $88.58 and a 12-month high of $96.96.

iShares MBS ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.3662 dividend. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.3388. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $4.39 annualized dividend and a dividend yield of 4.8%.

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).