Oarsman Capital Inc. Has $491,000 Holdings in iShares MBS ETF $MBB

Oarsman Capital Inc. decreased its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 80.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,159 shares of the company’s stock after selling 21,408 shares during the period. Oarsman Capital Inc.’s holdings in iShares MBS ETF were worth $491,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Aspire Private Capital LLC boosted its stake in iShares MBS ETF by 2.8% in the 3rd quarter. Aspire Private Capital LLC now owns 8,560 shares of the company’s stock worth $815,000 after purchasing an additional 230 shares during the period. Vertex Planning Partners LLC boosted its position in shares of iShares MBS ETF by 5.4% during the third quarter. Vertex Planning Partners LLC now owns 90,089 shares of the company’s stock worth $8,572,000 after buying an additional 4,589 shares during the period. Financial Engines Advisors L.L.C. boosted its position in shares of iShares MBS ETF by 32.1% during the third quarter. Financial Engines Advisors L.L.C. now owns 159,302 shares of the company’s stock worth $15,158,000 after buying an additional 38,720 shares during the period. Palisade Asset Management LLC bought a new position in shares of iShares MBS ETF during the third quarter worth about $65,000. Finally, NewEdge Advisors LLC raised its position in iShares MBS ETF by 8.0% in the 3rd quarter. NewEdge Advisors LLC now owns 701,493 shares of the company’s stock valued at $66,747,000 after buying an additional 51,723 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Performance

NASDAQ MBB opened at $94.98 on Thursday. iShares MBS ETF has a 52 week low of $90.84 and a 52 week high of $96.96. The stock’s 50 day moving average price is $95.76 and its two-hundred day moving average price is $95.46.

iShares MBS ETF Cuts Dividend

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

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). 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).