Retirement Capital Strategies Purchases 58,528 Shares of iShares MBS ETF $MBB

Retirement Capital Strategies raised its position in shares of iShares MBS ETF (NASDAQ:MBB) by 2,318.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 61,052 shares of the company’s stock after acquiring an additional 58,528 shares during the quarter. iShares MBS ETF comprises 2.2% of Retirement Capital Strategies’ holdings, making the stock its 15th biggest holding. Retirement Capital Strategies’ holdings in iShares MBS ETF were worth $5,813,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Mariner LLC lifted its position in shares of iShares MBS ETF by 3.3% during the fourth quarter. Mariner LLC now owns 213,572 shares of the company’s stock worth $20,336,000 after acquiring an additional 6,834 shares in the last quarter. Mill Creek Capital Advisors LLC lifted its position in shares of iShares MBS ETF by 7.5% during the fourth quarter. Mill Creek Capital Advisors LLC now owns 746,585 shares of the company’s stock worth $71,090,000 after acquiring an additional 51,797 shares in the last quarter. Focus Partners Wealth lifted its position in shares of iShares MBS ETF by 2.5% during the fourth quarter. Focus Partners Wealth now owns 116,903 shares of the company’s stock worth $11,132,000 after acquiring an additional 2,887 shares in the last quarter. Fort Point Capital Partners LLC lifted its position in shares of iShares MBS ETF by 9.2% during the fourth quarter. Fort Point Capital Partners LLC now owns 69,704 shares of the company’s stock worth $6,668,000 after acquiring an additional 5,882 shares in the last quarter. Finally, Icon Wealth Advisors LLC lifted its position in shares of iShares MBS ETF by 2.1% during the fourth quarter. Icon Wealth Advisors LLC now owns 130,348 shares of the company’s stock worth $12,412,000 after acquiring an additional 2,664 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

NASDAQ:MBB opened at $94.38 on Monday. The stock’s fifty day moving average price is $94.56 and its two-hundred day moving average price is $95.15. iShares MBS ETF has a 1 year low of $92.38 and a 1 year high of $96.96.

iShares MBS ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a dividend of $0.3334 per share. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.2%.

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). 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).