Cooper Financial Group Sells 256 Shares of iShares MBS ETF (NASDAQ:MBB)

Cooper Financial Group decreased its position in iShares MBS ETF (NASDAQ:MBB) by 2.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (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 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in MBB. JPMorgan Chase & Co. boosted its position in iShares MBS ETF by 11.1% during the third quarter. JPMorgan Chase & Co. now owns 27,285,852 shares of the company’s stock worth $2,422,987,000 after purchasing an additional 2,719,637 shares during the period. Ameriprise Financial Inc. raised its stake in shares of iShares MBS ETF by 9.5% during the third quarter. Ameriprise Financial Inc. now owns 13,314,589 shares of the company’s stock worth $1,182,679,000 after acquiring an additional 1,158,175 shares in the last quarter. Charles Schwab Investment Advisory Inc. raised its stake in shares of iShares MBS ETF by 25.3% during the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 5,460,902 shares of the company’s stock worth $513,762,000 after acquiring an additional 1,102,208 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in shares of iShares MBS ETF by 4.5% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,627,529 shares of the company’s stock worth $247,198,000 after acquiring an additional 112,072 shares in the last quarter. Finally, RWA Wealth Partners LLC grew its holdings in shares of iShares MBS ETF by 24.6% in the fourth quarter. RWA Wealth Partners LLC now owns 2,235,560 shares of the company’s stock worth $210,322,000 after purchasing an additional 441,120 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

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 company’s 50 day moving average price is $90.99 and its 200-day moving average price is $91.97.

iShares MBS ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were issued 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 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).