Courier Capital LLC Purchases 48,488 Shares of iShares MBS ETF (NASDAQ:MBB)

Courier Capital LLC raised its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 782.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 54,683 shares of the company’s stock after buying an additional 48,488 shares during the period. Courier Capital LLC’s holdings in iShares MBS ETF were worth $5,013,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MBB. Exchange Traded Concepts LLC acquired a new stake in shares of iShares MBS ETF in the 3rd quarter valued at approximately $519,000. Ascent Group LLC grew its position in shares of iShares MBS ETF by 27.5% in the 2nd quarter. Ascent Group LLC now owns 76,549 shares of the company’s stock valued at $7,028,000 after acquiring an additional 16,488 shares during the period. Zions Bancorporation N.A. acquired a new position in shares of iShares MBS ETF during the 2nd quarter worth about $189,000. AAFMAA Wealth Management & Trust LLC raised its holdings in shares of iShares MBS ETF by 0.9% in the 3rd quarter. AAFMAA Wealth Management & Trust LLC now owns 66,897 shares of the company’s stock valued at $6,409,000 after purchasing an additional 592 shares during the period. Finally, Principal Financial Group Inc. acquired a new stake in iShares MBS ETF in the 3rd quarter valued at about $289,000. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

NASDAQ MBB traded down $0.15 during trading on Monday, reaching $90.37. 4,140,619 shares of the company’s stock were exchanged, compared to its average volume of 2,590,560. The business has a 50 day moving average price of $92.40 and a 200-day moving average price of $93.62. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.2944 dividend. The ex-dividend date was Wednesday, December 18th.

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).