32,931 Shares of iShares MBS ETF $MBB Acquired by Newport Capital Group LLC

Newport Capital Group LLC acquired a new stake in iShares MBS ETF (NASDAQ:MBB) during the third quarter, HoldingsChannel.com reports. The institutional investor acquired 32,931 shares of the company’s stock, valued at approximately $3,041,000. iShares MBS ETF comprises about 2.0% of Newport Capital Group LLC’s portfolio, making the stock its 18th largest position.

Other large investors have also recently added to or reduced their stakes in the company. Cantor Fitzgerald Investment Advisors L.P. grew its position in shares of iShares MBS ETF by 5.9% in the third quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 20,916 shares of the company’s stock valued at $1,875,000 after purchasing an additional 1,158 shares during the last quarter. NFSG Corp purchased a new position in shares of iShares MBS ETF during the 3rd quarter worth approximately $52,000. YANKCOM Partnership raised its position in shares of iShares MBS ETF by 102.2% during the 3rd quarter. YANKCOM Partnership now owns 1,539 shares of the company’s stock worth $138,000 after purchasing an additional 778 shares during the last quarter. Saxony Capital Management LLC raised its position in shares of iShares MBS ETF by 28.9% during the 3rd quarter. Saxony Capital Management LLC now owns 15,421 shares of the company’s stock worth $1,382,000 after purchasing an additional 3,462 shares during the last quarter. Finally, Nvwm LLC acquired a new position in shares of iShares MBS ETF during the 3rd quarter worth approximately $48,000. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

MBB stock traded down $0.07 on Friday, reaching $90.52. The company had a trading volume of 2,630,289 shares, compared to its average volume of 3,225,338. iShares MBS ETF has a 1 year low of $88.58 and a 1 year high of $96.96. The company’s fifty day moving average is $91.58 and its 200 day moving average is $93.32.

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 issued a dividend of $0.3662 per share. This represents a $4.39 dividend on an annualized basis and a dividend yield of 4.9%. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.3388. The ex-dividend date was Thursday, October 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).