iShares MBS ETF (NASDAQ:MBB) Shares Sold by W.H. Cornerstone Investments Inc.

W.H. Cornerstone Investments Inc. lessened its stake in iShares MBS ETF (NASDAQ:MBB) by 58.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,701 shares of the company’s stock after selling 8,060 shares during the quarter. W.H. Cornerstone Investments Inc.’s holdings in iShares MBS ETF were worth $536,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Register Financial Advisors LLC lifted its stake in iShares MBS ETF by 584.6% during 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 in the last quarter. BluePath Capital Management LLC purchased a new position in iShares MBS ETF in the third quarter valued at $26,000. LFA Lugano Financial Advisors SA acquired a new position in iShares MBS ETF during the 4th quarter worth $28,000. Kozak & Associates Inc. purchased a new stake in iShares MBS ETF during the 4th quarter worth about $31,000. Finally, Howe & Rusling Inc. raised its position in iShares MBS ETF by 163.3% in the 3rd quarter. Howe & Rusling Inc. now owns 366 shares of the company’s stock valued at $33,000 after purchasing an additional 227 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB traded up $0.51 during midday trading on Friday, hitting $90.67. The company had a trading volume of 1,554,564 shares, compared to its average volume of 2,657,438. The company’s 50-day simple moving average is $91.27 and its 200-day simple moving average is $91.33. iShares MBS ETF has a 1 year low of $85.28 and a 1 year high of $95.70.

iShares MBS ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd will be issued a $0.2823 dividend. The ex-dividend date is Wednesday, May 1st. This represents a $3.39 dividend on an annualized basis and a dividend yield of 3.74%.

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).