iShares MBS ETF (MBB) Shares Sold by Highwater Wealth Management LLC

Highwater Wealth Management LLC lessened its holdings in iShares MBS ETF (NASDAQ:MBB) by 15.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,635 shares of the company’s stock after selling 641 shares during the quarter. iShares MBS ETF accounts for approximately 1.6% of Highwater Wealth Management LLC’s investment portfolio, making the stock its 20th biggest position. Highwater Wealth Management LLC’s holdings in iShares MBS ETF were worth $387,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the business. Advocacy Wealth Management Services LLC acquired a new stake in shares of iShares MBS ETF during the 4th quarter valued at $39,000. ERTS Wealth Advisors LLC bought a new position in iShares MBS ETF during the 4th quarter worth $42,000. Financial Gravity Companies Inc. bought a new position in iShares MBS ETF during the 4th quarter worth $54,000. TCI Wealth Advisors Inc. raised its position in iShares MBS ETF by 1,463.3% during the 1st quarter. TCI Wealth Advisors Inc. now owns 766 shares of the company’s stock worth $81,000 after purchasing an additional 717 shares during the last quarter. Finally, Pinnacle Bank bought a new position in iShares MBS ETF during the 4th quarter worth $82,000.

NASDAQ:MBB traded down $0.18 during trading hours on Tuesday, hitting $105.63. 898,257 shares of the company were exchanged, compared to its average volume of 1,463,653. iShares MBS ETF has a one year low of $101.75 and a one year high of $106.63.

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a dividend of $0.2707 per share. This represents a $3.25 annualized dividend and a yield of 3.07%. The ex-dividend date of this dividend was Monday, April 1st.

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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).

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

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