Clear Creek Financial Management LLC Sells 4,892 Shares of iShares MBS ETF $MBB

Clear Creek Financial Management LLC decreased its holdings in iShares MBS ETF (NASDAQ:MBB) by 48.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,310 shares of the company’s stock after selling 4,892 shares during the period. Clear Creek Financial Management LLC’s holdings in iShares MBS ETF were worth $499,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in MBB. LPL Financial LLC raised its position in iShares MBS ETF by 11.0% in the 1st quarter. LPL Financial LLC now owns 24,262,602 shares of the company’s stock worth $2,275,347,000 after purchasing an additional 2,404,586 shares during the period. PNC Financial Services Group Inc. raised its position in iShares MBS ETF by 0.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,939,526 shares of the company’s stock worth $275,669,000 after purchasing an additional 8,399 shares during the period. Renaissancere Holdings Ltd. purchased a new stake in iShares MBS ETF in the 1st quarter worth about $267,782,000. Cetera Investment Advisers raised its position in iShares MBS ETF by 17.5% in the 1st quarter. Cetera Investment Advisers now owns 1,863,533 shares of the company’s stock worth $174,762,000 after purchasing an additional 277,926 shares during the period. Finally, Raymond James Financial Inc. raised its position in iShares MBS ETF by 13.0% in the 1st quarter. Raymond James Financial Inc. now owns 1,421,953 shares of the company’s stock worth $133,351,000 after purchasing an additional 163,543 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

iShares MBS ETF stock opened at $95.28 on Friday. iShares MBS ETF has a 1-year low of $90.28 and a 1-year high of $95.97. The company’s 50-day moving average is $94.55 and its 200 day moving average is $93.39.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were given a $0.3363 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Wednesday, October 1st.

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).