Courier Capital LLC Purchases 25,656 Shares of iShares MBS ETF $MBB

Courier Capital LLC boosted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 15.9% during the second quarter, Holdings Channel.com reports. The fund owned 187,383 shares of the company’s stock after acquiring an additional 25,656 shares during the quarter. iShares MBS ETF accounts for 1.1% of Courier Capital LLC’s investment portfolio, making the stock its 20th largest holding. Courier Capital LLC’s holdings in iShares MBS ETF were worth $17,593,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. International Private Wealth Advisors LLC raised its stake in iShares MBS ETF by 2.8% during the 2nd quarter. International Private Wealth Advisors LLC now owns 4,120 shares of the company’s stock worth $387,000 after acquiring an additional 114 shares during the period. Midwest Heritage Bank FSB raised its stake in iShares MBS ETF by 4.0% during the 2nd quarter. Midwest Heritage Bank FSB now owns 2,982 shares of the company’s stock worth $280,000 after acquiring an additional 116 shares during the period. Legacy Capital Group California Inc. raised its stake in iShares MBS ETF by 2.2% during the 1st quarter. Legacy Capital Group California Inc. now owns 5,495 shares of the company’s stock worth $515,000 after acquiring an additional 118 shares during the period. Paces Ferry Wealth Advisors LLC raised its stake in iShares MBS ETF by 5.4% during the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 2,308 shares of the company’s stock worth $216,000 after acquiring an additional 119 shares during the period. Finally, Beacon Capital Management LLC grew its holdings in iShares MBS ETF by 35.3% during the 2nd quarter. Beacon Capital Management LLC now owns 460 shares of the company’s stock valued at $43,000 after buying an additional 120 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.2%

Shares of MBB opened at $95.46 on Tuesday. iShares MBS ETF has a 1 year low of $90.28 and a 1 year high of $95.97. The company has a 50 day simple moving average of $94.58 and a two-hundred day simple moving average of $93.41.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a dividend of $0.3363 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Wednesday, October 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).