Waverly Advisors LLC Grows Stock Position in iShares MBS ETF $MBB

Waverly Advisors LLC grew its position in shares of iShares MBS ETF (NASDAQ:MBBFree Report) by 77.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,252 shares of the company’s stock after purchasing an additional 15,358 shares during the period. Waverly Advisors LLC’s holdings in iShares MBS ETF were worth $3,332,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Ferguson Wellman Capital Management Inc. acquired a new stake in iShares MBS ETF during the 1st quarter valued at $138,835,000. Bank of Montreal Can lifted its holdings in iShares MBS ETF by 102.6% in the 4th quarter. Bank of Montreal Can now owns 2,883,524 shares of the company’s stock worth $274,569,000 after buying an additional 1,460,545 shares in the last quarter. LPL Financial LLC boosted its position in iShares MBS ETF by 4.1% in the 4th quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock valued at $2,656,940,000 after buying an additional 1,104,895 shares during the last quarter. Renaissancere Holdings Ltd. boosted its position in iShares MBS ETF by 34.9% in the 3rd quarter. Renaissancere Holdings Ltd. now owns 3,852,431 shares of the company’s stock valued at $366,559,000 after buying an additional 997,000 shares during the last quarter. Finally, Beacon Pointe Advisors LLC grew its stake in shares of iShares MBS ETF by 1,599.6% during the fourth quarter. Beacon Pointe Advisors LLC now owns 851,186 shares of the company’s stock valued at $81,050,000 after acquiring an additional 801,103 shares in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Down 0.1%

Shares of NASDAQ MBB opened at $91.38 on Friday. iShares MBS ETF has a 1 year low of $91.33 and a 1 year high of $96.96. The stock’s 50-day simple moving average is $93.18 and its 200-day simple moving average is $94.23.

iShares MBS ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.3388 per share. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Tuesday, September 1st.

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). 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).

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

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