FC Advisory LLC Purchases Shares of 2,512 iShares MBS ETF (MBB)

FC Advisory LLC purchased a new stake in iShares MBS ETF (NASDAQ:MBB) in the 3rd quarter, Holdings Channel reports. The firm purchased 2,512 shares of the company’s stock, valued at approximately $260,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE boosted its position in iShares MBS ETF by 1.4% during the second quarter. Bank of America Corp DE now owns 50,963,457 shares of the company’s stock worth $5,309,373,000 after purchasing an additional 725,503 shares during the period. Global Retirement Partners LLC boosted its position in iShares MBS ETF by 7.4% during the second quarter. Global Retirement Partners LLC now owns 40,349 shares of the company’s stock worth $4,204,000 after purchasing an additional 2,790 shares during the period. ST Germain D J Co. Inc. boosted its position in iShares MBS ETF by 6.2% during the second quarter. ST Germain D J Co. Inc. now owns 249,775 shares of the company’s stock worth $26,022,000 after purchasing an additional 14,505 shares during the period. Estate Counselors LLC boosted its position in iShares MBS ETF by 4.0% during the second quarter. Estate Counselors LLC now owns 54,260 shares of the company’s stock worth $5,653,000 after purchasing an additional 2,080 shares during the period. Finally, Charles Schwab Investment Advisory Inc. boosted its position in iShares MBS ETF by 2,155.9% during the second quarter. Charles Schwab Investment Advisory Inc. now owns 2,517,693 shares of the company’s stock worth $262,293,000 after purchasing an additional 2,406,086 shares during the period.

iShares MBS ETF stock traded down $0.12 during trading hours on Friday, reaching $102.21. 9,999 shares of the company were exchanged, compared to its average volume of 632,683. iShares MBS ETF has a 12 month low of $102.04 and a 12 month high of $107.04.

The business also recently announced a monthly dividend, which was paid on Friday, October 5th. Shareholders of record on Tuesday, October 2nd were given a dividend of $0.2244 per share. The ex-dividend date of this dividend was Monday, October 1st. This represents a $2.69 dividend on an annualized basis and a yield of 2.63%.

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).

Read More: Intrinsic Value and Stock Selection

Want to see what other hedge funds are holding MBB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MBS ETF (NASDAQ:MBB).

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

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