Cooper Financial Group Reduces Holdings in iShares MBS ETF (NASDAQ:MBB)

Cooper Financial Group trimmed its position in shares of iShares MBS ETF (NASDAQ:MBB) by 2.9% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,445 shares of the company’s stock after selling 256 shares during the quarter. Cooper Financial Group’s holdings in iShares MBS ETF were worth $781,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Simplicity Solutions LLC grew its holdings in iShares MBS ETF by 3.6% in the 4th quarter. Simplicity Solutions LLC now owns 3,367 shares of the company’s stock valued at $317,000 after buying an additional 117 shares in the last quarter. CoreCap Advisors LLC grew its holdings in iShares MBS ETF by 4.4% in the 4th quarter. CoreCap Advisors LLC now owns 3,353 shares of the company’s stock valued at $315,000 after buying an additional 142 shares in the last quarter. Ellis Investment Partners LLC grew its holdings in iShares MBS ETF by 5.3% in the 4th quarter. Ellis Investment Partners LLC now owns 2,899 shares of the company’s stock valued at $273,000 after buying an additional 146 shares in the last quarter. Proffitt & Goodson Inc. grew its holdings in iShares MBS ETF by 0.4% in the 4th quarter. Proffitt & Goodson Inc. now owns 35,782 shares of the company’s stock valued at $3,366,000 after buying an additional 153 shares in the last quarter. Finally, Hsbc Holdings PLC grew its holdings in iShares MBS ETF by 0.6% in the 3rd quarter. Hsbc Holdings PLC now owns 27,579 shares of the company’s stock valued at $2,449,000 after buying an additional 161 shares in the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Up 0.0 %

Shares of iShares MBS ETF stock opened at $92.55 on Monday. iShares MBS ETF has a 52 week low of $85.28 and a 52 week high of $94.55. The business’s fifty day simple moving average is $90.99 and its 200-day simple moving average is $91.97.

iShares MBS ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were paid a $0.3002 dividend. This represents a $3.60 annualized dividend and a dividend yield of 3.89%. The ex-dividend date was Monday, June 3rd.

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).