BCS Wealth Management Makes New Investment in iShares MBS ETF (NASDAQ:MBB)

BCS Wealth Management bought a new stake in shares of iShares MBS ETF (NASDAQ:MBB) during the 4th quarter, HoldingsChannel.com reports. The firm bought 3,421 shares of the company’s stock, valued at approximately $314,000.

Other hedge funds also recently modified their holdings of the company. Strategic Blueprint LLC grew its holdings in shares of iShares MBS ETF by 0.6% during the third quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock valued at $1,792,000 after buying an additional 116 shares in the last quarter. Cypress Wealth Services LLC boosted its position in iShares MBS ETF by 0.3% during the 3rd quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock worth $4,463,000 after acquiring an additional 120 shares during the period. Savvy Advisors Inc. grew its stake in iShares MBS ETF by 4.3% during the 3rd quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock valued at $280,000 after acquiring an additional 121 shares in the last quarter. Delos Wealth Advisors LLC increased its holdings in shares of iShares MBS ETF by 4.3% in the 3rd quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock valued at $281,000 after purchasing an additional 121 shares during the period. Finally, Lodestar Private Asset Management LLC increased its holdings in shares of iShares MBS ETF by 0.6% in the 3rd quarter. Lodestar Private Asset Management LLC now owns 20,693 shares of the company’s stock valued at $1,983,000 after purchasing an additional 131 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB stock opened at $90.46 on Wednesday. The firm has a 50 day simple moving average of $92.30 and a 200 day simple moving average of $93.60. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.2944 per share. The ex-dividend date of this dividend 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).