Courier Capital LLC Raises Position in iShares MBS ETF $MBB

Courier Capital LLC raised its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 15.9% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 187,383 shares of the company’s stock after acquiring an additional 25,656 shares during the period. iShares MBS ETF makes up approximately 1.1% of Courier Capital LLC’s holdings, making the stock its 20th biggest position. Courier Capital LLC’s holdings in iShares MBS ETF were worth $17,593,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. J.W. Cole Advisors Inc. lifted its stake in iShares MBS ETF by 173.4% during the 1st quarter. J.W. Cole Advisors Inc. now owns 12,121 shares of the company’s stock valued at $1,137,000 after acquiring an additional 7,687 shares during the period. Keystone Global Partners LLC lifted its stake in iShares MBS ETF by 128.9% during the 2nd quarter. Keystone Global Partners LLC now owns 1,094 shares of the company’s stock valued at $103,000 after acquiring an additional 616 shares during the period. Golden State Wealth Management LLC lifted its stake in iShares MBS ETF by 54.6% during the 1st quarter. Golden State Wealth Management LLC now owns 3,994 shares of the company’s stock valued at $375,000 after acquiring an additional 1,410 shares during the period. First American Trust FSB lifted its stake in iShares MBS ETF by 6.7% during the 1st quarter. First American Trust FSB now owns 59,257 shares of the company’s stock valued at $5,557,000 after acquiring an additional 3,713 shares during the period. Finally, Beacon Financial Advisory LLC lifted its stake in iShares MBS ETF by 8.8% during the 2nd quarter. Beacon Financial Advisory LLC now owns 7,604 shares of the company’s stock valued at $714,000 after acquiring an additional 615 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB opened at $95.46 on Tuesday. The company’s 50-day simple moving average is $94.58 and its two-hundred day simple moving average is $93.41. iShares MBS ETF has a 52-week low of $90.28 and a 52-week high of $95.97.

iShares MBS ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a $0.3363 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. 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).