iShares MBS ETF $MBB Position Increased by Nwam LLC

Nwam LLC boosted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 84.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,792 shares of the company’s stock after purchasing an additional 7,711 shares during the period. Nwam LLC’s holdings in iShares MBS ETF were worth $1,587,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MBB. Field & Main Bank purchased a new stake in shares of iShares MBS ETF during the 2nd quarter worth about $30,000. ESL Trust Services LLC bought a new stake in shares of iShares MBS ETF in the 4th quarter valued at approximately $28,000. Brown Lisle Cummings Inc. bought a new stake in shares of iShares MBS ETF in the 1st quarter valued at approximately $28,000. First Community Trust NA bought a new stake in shares of iShares MBS ETF in the 1st quarter valued at approximately $32,000. Finally, Beaird Harris Wealth Management LLC acquired a new position in iShares MBS ETF in the second quarter worth approximately $34,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.7%

Shares of MBB opened at $92.41 on Wednesday. The firm’s 50 day moving average price is $93.54 and its 200 day moving average price is $94.44. iShares MBS ETF has a twelve month low of $92.35 and a twelve month high of $96.96.

iShares MBS ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st will be given a $0.3388 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Tuesday, September 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).