Cwm LLC Has $181.88 Million Holdings in iShares MBS ETF $MBB

Cwm LLC increased its holdings in iShares MBS ETF (NASDAQ:MBB) by 0.4% during the fourth quarter, HoldingsChannel reports. The fund owned 1,910,110 shares of the company’s stock after acquiring an additional 7,207 shares during the quarter. Cwm LLC’s holdings in iShares MBS ETF were worth $181,881,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Howe & Rusling Inc. grew its position in iShares MBS ETF by 184.0% in the 3rd quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock worth $27,000 after purchasing an additional 184 shares in the last quarter. Westfuller Advisors LLC bought a new stake in iShares MBS ETF in the 3rd quarter worth about $33,000. Aventura Private Wealth LLC bought a new stake in iShares MBS ETF in the 4th quarter worth about $35,000. Wealth Watch Advisors INC bought a new stake in iShares MBS ETF in the 3rd quarter worth about $35,000. Finally, Toth Financial Advisory Corp bought a new stake in iShares MBS ETF in the 4th quarter worth about $41,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Down 0.2%

Shares of MBB stock opened at $95.27 on Thursday. iShares MBS ETF has a 52-week low of $91.19 and a 52-week high of $96.96. The company has a 50-day simple moving average of $95.46 and a two-hundred day simple moving average of $95.43.

iShares MBS ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were given a $0.3329 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, April 1st. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33.

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).