Northwest Capital Management Inc Sells 13,156 Shares of iShares MBS ETF $MBB

Northwest Capital Management Inc cut its holdings in iShares MBS ETF (NASDAQ:MBB) by 65.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,027 shares of the company’s stock after selling 13,156 shares during the period. iShares MBS ETF accounts for about 2.9% of Northwest Capital Management Inc’s portfolio, making the stock its 8th largest holding. Northwest Capital Management Inc’s holdings in iShares MBS ETF were worth $669,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Security Financial Services INC. lifted its holdings in iShares MBS ETF by 5.9% in the third quarter. Security Financial Services INC. now owns 121,000 shares of the company’s stock valued at $11,513,000 after acquiring an additional 6,789 shares during the last quarter. Dynasty Wealth Management LLC lifted its stake in iShares MBS ETF by 10.8% during the third quarter. Dynasty Wealth Management LLC now owns 1,649,146 shares of the company’s stock worth $156,916,000 after purchasing an additional 160,926 shares in the last quarter. Dakota Wealth Management lifted its stake in iShares MBS ETF by 20.9% during the third quarter. Dakota Wealth Management now owns 363,649 shares of the company’s stock worth $34,601,000 after purchasing an additional 62,909 shares in the last quarter. Avidian Wealth Enterprises LLC lifted its stake in iShares MBS ETF by 3.4% during the third quarter. Avidian Wealth Enterprises LLC now owns 709,399 shares of the company’s stock worth $67,499,000 after purchasing an additional 23,459 shares in the last quarter. Finally, Archford Capital Strategies LLC acquired a new position in iShares MBS ETF during the third quarter worth $5,600,000. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

NASDAQ:MBB opened at $95.27 on Thursday. The stock’s fifty day moving average is $95.46 and its two-hundred day moving average is $95.43. iShares MBS ETF has a 52 week low of $91.19 and a 52 week high of $96.96.

iShares MBS ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were paid a dividend of $0.3329 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33. The ex-dividend date was Wednesday, April 1st.

About iShares MBS ETF

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).