Sharkey Howes & Javer Has $15.51 Million Stock Position in iShares MBS ETF (NASDAQ:MBB)

Sharkey Howes & Javer lifted its position in iShares MBS ETF (NASDAQ:MBB) by 6.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 167,834 shares of the company’s stock after buying an additional 10,594 shares during the quarter. iShares MBS ETF comprises approximately 2.5% of Sharkey Howes & Javer’s holdings, making the stock its 6th biggest position. Sharkey Howes & Javer owned approximately 0.05% of iShares MBS ETF worth $15,511,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in MBB. Register Financial Advisors LLC increased its position in shares of iShares MBS ETF by 584.6% in the fourth quarter. Register Financial Advisors LLC now owns 267 shares of the company’s stock worth $25,000 after purchasing an additional 228 shares during the period. Financial Management Professionals Inc. acquired a new position in shares of iShares MBS ETF in the first quarter worth approximately $26,000. LFA Lugano Financial Advisors SA acquired a new position in shares of iShares MBS ETF in the fourth quarter worth approximately $28,000. Kozak & Associates Inc. acquired a new position in shares of iShares MBS ETF in the fourth quarter worth approximately $31,000. Finally, Versant Capital Management Inc acquired a new position in iShares MBS ETF in the first quarter valued at approximately $32,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Up 0.3 %

Shares of MBB stock traded up $0.28 during trading hours on Tuesday, reaching $91.13. The company had a trading volume of 1,561,251 shares, compared to its average volume of 2,445,236. The business has a fifty day simple moving average of $91.27 and a 200-day simple moving average of $91.96. iShares MBS ETF has a 12 month low of $85.28 and a 12 month high of $94.55.

iShares MBS ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, July 1st will be issued a dividend of $0.3053 per share. This represents a $3.66 dividend on an annualized basis and a yield of 4.02%. The ex-dividend date is Monday, July 1st.

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).