iShares MBS ETF $MBB Stock Sold by Cassilly Financial Group LLC

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

Other large investors also recently modified their holdings of the company. Wealth Enhancement Trust Services Inc. purchased a new position in iShares MBS ETF in the third quarter worth about $66,000. Bangor Savings Bank purchased a new stake in shares of iShares MBS ETF during the 3rd quarter valued at about $38,457,000. Rosenberg Matthew Hamilton increased its position in shares of iShares MBS ETF by 748.2% during the 3rd 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 last quarter. Tompkins Financial Corp bought a new position in shares of iShares MBS ETF in the 3rd quarter worth approximately $71,000. Finally, Ferguson Wellman Capital Management Inc. bought a new position in shares of iShares MBS ETF in the 3rd quarter worth approximately $153,345,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB traded down $0.14 on Wednesday, reaching $89.22. The company’s stock had a trading volume of 4,982,386 shares, compared to its average volume of 3,112,106. The stock’s 50 day simple moving average is $92.09 and its two-hundred day simple moving average is $93.56. 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 firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders 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 dividend yield of 4.9%. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.3388.

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).