Procyon Advisors LLC Has $7.97 Million Stake in iShares MBS ETF $MBB

Procyon Advisors LLC lowered its stake in iShares MBS ETF (NASDAQ:MBBFree Report) by 7.2% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,909 shares of the company’s stock after selling 6,466 shares during the quarter. Procyon Advisors LLC’s holdings in iShares MBS ETF were worth $7,967,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of MBB. CAP Partners LLC grew its holdings in iShares MBS ETF by 8.1% in the first quarter. CAP Partners LLC now owns 16,214 shares of the company’s stock worth $1,540,000 after purchasing an additional 1,218 shares during the period. Global Assets Advisory LLC boosted its position in shares of iShares MBS ETF by 45.4% during the 1st quarter. Global Assets Advisory LLC now owns 18,251 shares of the company’s stock worth $1,733,000 after purchasing an additional 5,703 shares in the last quarter. Diversify Wealth Management LLC grew its stake in shares of iShares MBS ETF by 81.2% in the 1st quarter. Diversify Wealth Management LLC now owns 73,404 shares of the company’s stock valued at $6,945,000 after buying an additional 32,890 shares during the period. Carnegie Investment Counsel increased its position in iShares MBS ETF by 1.6% in the 1st quarter. Carnegie Investment Counsel now owns 256,676 shares of the company’s stock valued at $24,371,000 after buying an additional 4,000 shares in the last quarter. Finally, UNIVEST FINANCIAL Corp raised its stake in iShares MBS ETF by 13.3% during the 1st quarter. UNIVEST FINANCIAL Corp now owns 42,806 shares of the company’s stock worth $4,064,000 after buying an additional 5,018 shares during the period. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $93.72 on Monday. iShares MBS ETF has a 52-week low of $92.40 and a 52-week high of $96.96. The business’s 50 day simple moving average is $94.26 and its two-hundred day simple moving average is $95.01.

iShares MBS ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a $0.3373 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

iShares MBS ETF Profile

(Free Report)

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).

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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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