iShares MBS ETF (NASDAQ:MBB) Holdings Reduced by Norway Savings Bank

Norway Savings Bank cut its holdings in iShares MBS ETF (NASDAQ:MBBGet Rating) by 11.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,768 shares of the company’s stock after selling 4,617 shares during the period. iShares MBS ETF accounts for 1.8% of Norway Savings Bank’s holdings, making the stock its 7th biggest holding. Norway Savings Bank’s holdings in iShares MBS ETF were worth $3,487,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. GHP Investment Advisors Inc. bought a new stake in iShares MBS ETF in the 1st quarter worth approximately $32,000. Fairfield Bush & CO. bought a new stake in iShares MBS ETF in the 1st quarter worth approximately $33,000. Tyler Stone Wealth Management bought a new stake in iShares MBS ETF in the 4th quarter worth approximately $34,000. Baron Financial Group LLC bought a new stake in iShares MBS ETF in the 1st quarter worth approximately $37,000. Finally, IAG Wealth Partners LLC increased its stake in iShares MBS ETF by 2,875.0% in the 4th quarter. IAG Wealth Partners LLC now owns 357 shares of the company’s stock worth $38,000 after acquiring an additional 345 shares during the last quarter.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB traded down $0.37 during trading hours on Friday, hitting $92.36. 2,544,525 shares of the company traded hands, compared to its average volume of 2,092,931. The company’s 50 day moving average price is $97.43 and its 200 day moving average price is $98.39. iShares MBS ETF has a 12 month low of $91.92 and a 12 month high of $108.35.

iShares MBS ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, September 8th. Stockholders of record on Friday, September 2nd were given a dividend of $0.197 per share. The ex-dividend date of this dividend was Thursday, September 1st. This represents a $2.36 annualized dividend and a dividend yield of 2.56%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.18.

About iShares MBS ETF

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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).

See Also

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

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