McNaughton Wealth Management LLC Lowers Holdings in iShares MBS ETF $MBB

McNaughton Wealth Management LLC lessened its holdings in shares of iShares MBS ETF (NASDAQ:MBBFree Report) by 1.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 57,846 shares of the company’s stock after selling 781 shares during the period. iShares MBS ETF accounts for about 2.4% of McNaughton Wealth Management LLC’s portfolio, making the stock its 10th largest position. McNaughton Wealth Management LLC’s holdings in iShares MBS ETF were worth $5,431,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the company. IMG Wealth Management Inc. acquired a new stake in shares of iShares MBS ETF during the first quarter worth about $30,000. Curat Global LLC bought a new stake in shares of iShares MBS ETF during the 1st quarter valued at $30,000. Headlands Technologies LLC bought a new stake in shares of iShares MBS ETF during the 1st quarter worth $31,000. Flaharty Asset Management LLC acquired a new position in iShares MBS ETF in the 1st quarter worth about $34,000. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in iShares MBS ETF by 317.2% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock worth $36,000 after purchasing an additional 295 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of iShares MBS ETF stock opened at $95.09 on Friday. iShares MBS ETF has a one year low of $90.28 and a one year high of $95.97. The stock’s 50-day moving average is $94.37 and its 200 day moving average is $93.33.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be issued a $0.3363 dividend. The ex-dividend date is Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 4.2%.

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).

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

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