Tyche Wealth Partners LLC Buys New Holdings in iShares MBS ETF $MBB

Tyche Wealth Partners LLC purchased a new position in iShares MBS ETF (NASDAQ:MBB) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 6,440 shares of the company’s stock, valued at approximately $605,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC purchased a new position in shares of iShares MBS ETF during the fourth quarter worth $273,000. Central Bank & Trust Co. raised its stake in shares of iShares MBS ETF by 26.7% during the 1st quarter. Central Bank & Trust Co. now owns 6,547 shares of the company’s stock valued at $614,000 after buying an additional 1,381 shares during the last quarter. First Citizens Bank & Trust Co. lifted its holdings in shares of iShares MBS ETF by 11.9% in the 1st quarter. First Citizens Bank & Trust Co. now owns 13,905 shares of the company’s stock valued at $1,304,000 after buying an additional 1,475 shares during the period. Courier Capital LLC boosted its stake in shares of iShares MBS ETF by 195.8% in the first quarter. Courier Capital LLC now owns 161,727 shares of the company’s stock worth $15,167,000 after buying an additional 107,044 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in iShares MBS ETF by 14.1% during the first quarter. Farther Finance Advisors LLC now owns 181,320 shares of the company’s stock worth $17,006,000 after acquiring an additional 22,463 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Trading Down 0.2%

Shares of MBB stock opened at $94.90 on Tuesday. iShares MBS ETF has a twelve month low of $90.28 and a twelve month high of $95.97. The stock has a 50 day moving average of $94.41 and a 200 day moving average of $93.34.

iShares MBS ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a $0.3363 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Wednesday, October 1st.

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).