Sharkey Howes & Javer Has $17.92 Million Stock Position in iShares MBS ETF (NASDAQ:MBB)

Sharkey Howes & Javer increased its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 3.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 195,431 shares of the company’s stock after buying an additional 6,838 shares during the quarter. iShares MBS ETF accounts for about 2.5% of Sharkey Howes & Javer’s investment portfolio, making the stock its 10th largest position. Sharkey Howes & Javer’s holdings in iShares MBS ETF were worth $17,917,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of MBB. Spectrum Wealth Counsel LLC raised its position in iShares MBS ETF by 9.4% in the 4th quarter. Spectrum Wealth Counsel LLC now owns 67,510 shares of the company’s stock valued at $6,189,000 after purchasing an additional 5,778 shares during the last quarter. Connable Office Inc. bought a new position in iShares MBS ETF in the 4th quarter valued at $11,470,000. Jacobi Capital Management LLC raised its position in iShares MBS ETF by 5.1% in the 4th quarter. Jacobi Capital Management LLC now owns 27,433 shares of the company’s stock valued at $2,515,000 after purchasing an additional 1,330 shares during the last quarter. Proffitt & Goodson Inc. raised its position in iShares MBS ETF by 12.5% in the 4th quarter. Proffitt & Goodson Inc. now owns 45,094 shares of the company’s stock valued at $4,134,000 after purchasing an additional 5,014 shares during the last quarter. Finally, Anfield Capital Management LLC raised its position in iShares MBS ETF by 2.9% in the 4th quarter. Anfield Capital Management LLC now owns 83,097 shares of the company’s stock valued at $7,618,000 after purchasing an additional 2,328 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.4 %

Shares of MBB opened at $94.08 on Friday. The stock has a fifty day moving average price of $91.92 and a two-hundred day moving average price of $93.39. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76.

iShares MBS ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.3414 dividend. This is an increase from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

iShares MBS ETF Company 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).