Compass Wealth Management LLC GA Buys 21,557 Shares of iShares MBS ETF $MBB

Compass Wealth Management LLC GA lifted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 24.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 108,465 shares of the company’s stock after purchasing an additional 21,557 shares during the quarter. iShares MBS ETF accounts for about 4.6% of Compass Wealth Management LLC GA’s portfolio, making the stock its 6th largest position. Compass Wealth Management LLC GA’s holdings in iShares MBS ETF were worth $10,321,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in MBB. Brighton Jones LLC bought a new position in shares of iShares MBS ETF in the 4th quarter valued at $273,000. AQR Capital Management LLC boosted its holdings in shares of iShares MBS ETF by 11.4% during the 1st quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock valued at $950,000 after acquiring an additional 1,034 shares in the last quarter. Goldman Sachs Group Inc. grew its position in iShares MBS ETF by 13.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock worth $35,521,000 after acquiring an additional 43,527 shares during the last quarter. Prospera Financial Services Inc grew its position in iShares MBS ETF by 5.5% during the 2nd quarter. Prospera Financial Services Inc now owns 7,752 shares of the company’s stock worth $730,000 after acquiring an additional 407 shares during the last quarter. Finally, CENTRAL TRUST Co increased its holdings in iShares MBS ETF by 29.6% in the 2nd quarter. CENTRAL TRUST Co now owns 726 shares of the company’s stock worth $68,000 after purchasing an additional 166 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Trading Up 0.0%

iShares MBS ETF stock opened at $94.90 on Friday. The stock has a 50-day moving average price of $95.77 and a two-hundred day moving average price of $95.43. iShares MBS ETF has a 12 month low of $90.84 and a 12 month high of $96.96.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a $0.3278 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.1%.

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). 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).