Sowell Financial Services LLC Boosts Holdings in iShares MBS ETF (NASDAQ:MBB)

Sowell Financial Services LLC boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBBFree Report) by 7.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 20,115 shares of the company’s stock after buying an additional 1,428 shares during the period. Sowell Financial Services LLC’s holdings in iShares MBS ETF were worth $1,786,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Meitav Investment House Ltd. purchased a new stake in iShares MBS ETF during the second quarter valued at about $25,000. BluePath Capital Management LLC purchased a new position in shares of iShares MBS ETF in the third quarter worth about $26,000. Ambassador Advisors LLC increased its holdings in shares of iShares MBS ETF by 332.8% in the first quarter. Ambassador Advisors LLC now owns 277 shares of the company’s stock worth $26,000 after buying an additional 213 shares during the period. Avior Wealth Management LLC increased its holdings in shares of iShares MBS ETF by 535.3% in the third quarter. Avior Wealth Management LLC now owns 324 shares of the company’s stock worth $29,000 after buying an additional 273 shares during the period. Finally, Fairfield Bush & CO. purchased a new position in shares of iShares MBS ETF in the first quarter worth about $33,000. Hedge funds and other institutional investors own 92.51% of the company’s stock.

iShares MBS ETF Trading Down 0.8 %

MBB opened at $92.24 on Tuesday. iShares MBS ETF has a 12 month low of $85.28 and a 12 month high of $96.07. The business’s 50-day moving average price is $92.93 and its 200-day moving average price is $90.85.

iShares MBS ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, February 7th. Investors of record on Friday, February 2nd will be issued a dividend of $0.2968 per share. The ex-dividend date of this dividend is Thursday, February 1st. This represents a $3.56 dividend on an annualized basis and a yield of 3.86%.

About iShares MBS ETF

(Free Report)

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).

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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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