NewSquare Capital LLC Sells 1,239 Shares of iShares MBS ETF $MBB

NewSquare Capital LLC trimmed its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 0.7% in the second quarter, HoldingsChannel reports. The institutional investor owned 170,550 shares of the company’s stock after selling 1,239 shares during the quarter. iShares MBS ETF accounts for 1.2% of NewSquare Capital LLC’s portfolio, making the stock its 23rd biggest position. NewSquare Capital LLC’s holdings in iShares MBS ETF were worth $16,013,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. DAVENPORT & Co LLC boosted its holdings in iShares MBS ETF by 9.2% during the second quarter. DAVENPORT & Co LLC now owns 7,323 shares of the company’s stock worth $688,000 after purchasing an additional 614 shares during the last quarter. J.W. Cole Advisors Inc. boosted its holdings in iShares MBS ETF by 173.4% during the first quarter. J.W. Cole Advisors Inc. now owns 12,121 shares of the company’s stock worth $1,137,000 after purchasing an additional 7,687 shares during the last quarter. Keystone Global Partners LLC boosted its holdings in iShares MBS ETF by 128.9% during the second quarter. Keystone Global Partners LLC now owns 1,094 shares of the company’s stock worth $103,000 after purchasing an additional 616 shares during the last quarter. Clarendon Private LLC boosted its holdings in iShares MBS ETF by 5.3% during the second quarter. Clarendon Private LLC now owns 10,479 shares of the company’s stock worth $984,000 after purchasing an additional 530 shares during the last quarter. Finally, First American Trust FSB boosted its holdings in iShares MBS ETF by 6.7% during the first quarter. First American Trust FSB now owns 59,257 shares of the company’s stock worth $5,557,000 after purchasing an additional 3,713 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB opened at $95.11 on Tuesday. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $96.25. The firm has a fifty day simple moving average of $95.22 and a 200 day simple moving average of $93.71.

iShares MBS ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, November 6th. Investors of record on Monday, November 3rd will be issued a dividend of $0.342 per share. The ex-dividend date is Monday, November 3rd. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.34. This represents a c) annualized dividend and a yield of 4.3%.

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).