Westover Capital Advisors LLC Has $11.32 Million Holdings in iShares MBS ETF $MBB

Westover Capital Advisors LLC grew its position in iShares MBS ETF (NASDAQ:MBB) by 5.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 118,851 shares of the company’s stock after acquiring an additional 6,188 shares during the quarter. iShares MBS ETF makes up about 2.1% of Westover Capital Advisors LLC’s investment portfolio, making the stock its 12th largest holding. Westover Capital Advisors LLC’s holdings in iShares MBS ETF were worth $11,317,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of MBB. Bank of America Corp DE increased its position in iShares MBS ETF by 11.8% in the 3rd quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock worth $6,840,878,000 after purchasing an additional 7,566,099 shares during the last quarter. Barclays PLC increased its position in iShares MBS ETF by 77.1% in the 3rd quarter. Barclays PLC now owns 7,632,784 shares of the company’s stock worth $726,259,000 after purchasing an additional 3,322,737 shares during the last quarter. TIAA Trust National Association increased its position in iShares MBS ETF by 5.8% in the 3rd quarter. TIAA Trust National Association now owns 25,364,396 shares of the company’s stock worth $2,413,954,000 after purchasing an additional 1,399,487 shares during the last quarter. Fisher Asset Management LLC increased its position in iShares MBS ETF by 5.7% in the 3rd quarter. Fisher Asset Management LLC now owns 22,503,900 shares of the company’s stock worth $2,141,246,000 after purchasing an additional 1,206,273 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in iShares MBS ETF by 2.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock worth $4,917,131,000 after purchasing an additional 1,182,620 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

MBB opened at $94.08 on Monday. The stock has a 50-day moving average of $94.71 and a 200-day moving average of $95.26. iShares MBS ETF has a 52-week low of $91.56 and a 52-week high of $96.96.

iShares MBS ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were paid a dividend of $0.3346 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Friday, May 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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).