Commonwealth Equity Services LLC Acquires 547,956 Shares of iShares MBS ETF $MBB

Commonwealth Equity Services LLC bought a new stake in iShares MBS ETF (NASDAQ:MBB) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 547,956 shares of the company’s stock, valued at approximately $49,108,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Signature Equity Partners LLC boosted its position in shares of iShares MBS ETF by 27.4% during the 1st quarter. Signature Equity Partners LLC now owns 562 shares of the company’s stock worth $53,000 after purchasing an additional 121 shares in the last quarter. Sunesis Advisors LLC increased its holdings in shares of iShares MBS ETF by 0.4% in the 3rd quarter. Sunesis Advisors LLC now owns 34,444 shares of the company’s stock valued at $3,087,000 after purchasing an additional 130 shares in the last quarter. Squarepoint Ops LLC increased its holdings in shares of iShares MBS ETF by 5.1% in the 2nd quarter. Squarepoint Ops LLC now owns 2,843 shares of the company’s stock valued at $269,000 after purchasing an additional 139 shares in the last quarter. TrueWealth Advisors LLC lifted its stake in shares of iShares MBS ETF by 6.0% in the second quarter. TrueWealth Advisors LLC now owns 2,528 shares of the company’s stock valued at $239,000 after purchasing an additional 143 shares during the period. Finally, Lynx Investment Advisory lifted its stake in shares of iShares MBS ETF by 4.3% in the third quarter. Lynx Investment Advisory now owns 3,497 shares of the company’s stock valued at $313,000 after purchasing an additional 145 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.0%

Shares of NASDAQ MBB opened at $92.07 on Friday. iShares MBS ETF has a 52 week low of $88.58 and a 52 week high of $96.96. The firm has a 50-day moving average price of $91.04 and a 200 day moving average price of $93.69.

iShares MBS ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were issued a $0.3471 dividend. This represents a $4.17 dividend on an annualized basis and a yield of 4.5%. This is a drop from iShares MBS ETF’s previous monthly dividend of $0.3662. The ex-dividend date of this dividend was Monday, November 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).