iShares MBS ETF (NASDAQ:MBB) Shares Sold by Leuthold Group LLC

Leuthold Group LLC cut its position in iShares MBS ETF (NASDAQ:MBB) by 2.5% in the first quarter, HoldingsChannel reports. The institutional investor owned 132,067 shares of the company’s stock after selling 3,366 shares during the period. iShares MBS ETF makes up 1.4% of Leuthold Group LLC’s portfolio, making the stock its 15th biggest holding. Leuthold Group LLC’s holdings in iShares MBS ETF were worth $12,206,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of MBB. Belpointe Asset Management LLC purchased a new position in iShares MBS ETF in the 3rd quarter valued at approximately $269,000. Comerica Bank acquired a new position in iShares MBS ETF during the 3rd quarter worth $5,810,000. EP Wealth Advisors LLC purchased a new stake in iShares MBS ETF during the 3rd quarter worth about $144,000. Modera Wealth Management LLC raised its position in iShares MBS ETF by 23.8% in the 3rd quarter. Modera Wealth Management LLC now owns 102,834 shares of the company’s stock valued at $9,132,000 after purchasing an additional 19,759 shares in the last quarter. Finally, Scarborough Advisors LLC boosted its stake in shares of iShares MBS ETF by 5.0% in the 3rd quarter. Scarborough Advisors LLC now owns 54,078 shares of the company’s stock valued at $4,802,000 after buying an additional 2,562 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of iShares MBS ETF stock traded up $0.17 on Friday, reaching $92.98. 1,038,586 shares of the company were exchanged, compared to its average volume of 2,388,732. The stock’s 50 day moving average price is $91.62 and its 200-day moving average price is $91.90. iShares MBS ETF has a 1-year low of $85.28 and a 1-year high of $94.55.

iShares MBS ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were issued a $0.3053 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $3.66 dividend on an annualized basis and a dividend yield of 3.94%.

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).