Leuthold Group LLC Trims Holdings in iShares MBS ETF (NASDAQ:MBB)

Leuthold Group LLC reduced its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 2.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 132,067 shares of the company’s stock after selling 3,366 shares during the quarter. iShares MBS ETF makes up approximately 1.4% of Leuthold Group LLC’s investment portfolio, making the stock its 15th largest position. Leuthold Group LLC’s holdings in iShares MBS ETF were worth $12,206,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Simplicity Solutions LLC increased its holdings in iShares MBS ETF by 3.6% during the fourth quarter. Simplicity Solutions LLC now owns 3,367 shares of the company’s stock valued at $317,000 after buying an additional 117 shares during the period. Wealthcare Advisory Partners LLC raised its position in shares of iShares MBS ETF by 1.3% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 9,606 shares of the company’s stock worth $888,000 after acquiring an additional 119 shares in the last quarter. W Advisors LLC boosted its position in iShares MBS ETF by 2.9% during the first quarter. W Advisors LLC now owns 4,329 shares of the company’s stock valued at $400,000 after purchasing an additional 124 shares in the last quarter. CoreCap Advisors LLC boosted its position in iShares MBS ETF by 4.4% during the fourth quarter. CoreCap Advisors LLC now owns 3,353 shares of the company’s stock valued at $315,000 after purchasing an additional 142 shares in the last quarter. Finally, Verdence Capital Advisors LLC grew its stake in iShares MBS ETF by 2.5% in the first quarter. Verdence Capital Advisors LLC now owns 5,774 shares of the company’s stock valued at $534,000 after purchasing an additional 143 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Trading Up 0.2 %

NASDAQ:MBB traded up $0.17 during mid-day trading on Friday, hitting $92.98. 1,038,586 shares of the company’s stock traded hands, compared to its average volume of 2,388,732. The company has a fifty day moving average of $91.62 and a 200 day moving average of $91.90. iShares MBS ETF has a twelve month low of $85.28 and a twelve month high of $94.55.

iShares MBS ETF Announces Dividend

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

iShares MBS ETF 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).