iShares MBS ETF (NASDAQ:MBB) Shares Sold by Copperleaf Capital LLC

Copperleaf Capital LLC cut its stake in iShares MBS ETF (NASDAQ:MBB) by 9.4% in the fourth quarter, HoldingsChannel reports. The fund owned 24,975 shares of the company’s stock after selling 2,578 shares during the period. iShares MBS ETF accounts for approximately 1.5% of Copperleaf Capital LLC’s investment portfolio, making the stock its 18th largest holding. Copperleaf Capital LLC’s holdings in iShares MBS ETF were worth $2,290,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Allworth Financial LP raised its stake in shares of iShares MBS ETF by 12.0% during the 4th quarter. Allworth Financial LP now owns 3,439,456 shares of the company’s stock worth $315,639,000 after buying an additional 369,555 shares during the period. Legacy Capital Wealth Partners LLC acquired a new position in shares of iShares MBS ETF during the 4th quarter worth approximately $596,000. Lord & Richards Wealth Management LLC acquired a new position in shares of iShares MBS ETF during the 4th quarter worth approximately $1,014,000. Aveo Capital Partners LLC raised its stake in shares of iShares MBS ETF by 7.2% during the 4th quarter. Aveo Capital Partners LLC now owns 5,786 shares of the company’s stock worth $530,000 after buying an additional 388 shares during the period. Finally, Scarborough Advisors LLC raised its stake in shares of iShares MBS ETF by 4.5% during the 4th quarter. Scarborough Advisors LLC now owns 69,109 shares of the company’s stock worth $6,336,000 after buying an additional 2,946 shares during the period. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.4 %

Shares of MBB stock opened at $92.43 on Friday. The stock has a 50 day simple moving average of $91.84 and a 200-day simple moving average of $93.50. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76.

iShares MBS ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.3414 per share. This is an increase from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, February 3rd.

About iShares MBS ETF

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).