Nwam LLC Buys 7,711 Shares of iShares MBS ETF $MBB

Nwam LLC grew its stake in iShares MBS ETF (NASDAQ:MBB) by 84.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,792 shares of the company’s stock after buying an additional 7,711 shares during the period. Nwam LLC’s holdings in iShares MBS ETF were worth $1,587,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Ferguson Wellman Capital Management Inc. acquired a new position in shares of iShares MBS ETF during the 1st quarter valued at about $138,835,000. Bank of Montreal Can lifted its holdings in iShares MBS ETF by 102.6% in the 4th quarter. Bank of Montreal Can now owns 2,883,524 shares of the company’s stock worth $274,569,000 after purchasing an additional 1,460,545 shares during the last quarter. LPL Financial LLC lifted its holdings in iShares MBS ETF by 4.1% in the 4th quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock worth $2,656,940,000 after purchasing an additional 1,104,895 shares during the last quarter. Renaissancere Holdings Ltd. lifted its holdings in iShares MBS ETF by 34.9% in the 3rd quarter. Renaissancere Holdings Ltd. now owns 3,852,431 shares of the company’s stock worth $366,559,000 after purchasing an additional 997,000 shares during the last quarter. Finally, Beacon Pointe Advisors LLC boosted its position in iShares MBS ETF by 1,599.6% during the fourth quarter. Beacon Pointe Advisors LLC now owns 851,186 shares of the company’s stock worth $81,050,000 after purchasing an additional 801,103 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.7%

Shares of iShares MBS ETF stock opened at $92.41 on Wednesday. iShares MBS ETF has a 12-month low of $92.35 and a 12-month high of $96.96. The stock has a 50 day moving average price of $93.54 and a two-hundred day moving average price of $94.44.

iShares MBS ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st will be paid a $0.3388 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Tuesday, September 1st.

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).