Austin Private Wealth LLC Purchases 8,317 Shares of iShares MBS ETF (NASDAQ:MBB)

Austin Private Wealth LLC increased its position in shares of iShares MBS ETF (NASDAQ:MBB) by 7.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 125,418 shares of the company’s stock after purchasing an additional 8,317 shares during the quarter. iShares MBS ETF comprises approximately 1.5% of Austin Private Wealth LLC’s investment portfolio, making the stock its 19th biggest position. Austin Private Wealth LLC’s holdings in iShares MBS ETF were worth $11,799,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the company. Salem Investment Counselors Inc. lifted its position in shares of iShares MBS ETF by 45.9% during the third quarter. Salem Investment Counselors Inc. now owns 378 shares of the company’s stock worth $34,000 after purchasing an additional 119 shares during the last quarter. Courier Capital LLC lifted its holdings in iShares MBS ETF by 2.0% during the 3rd quarter. Courier Capital LLC now owns 6,195 shares of the company’s stock valued at $550,000 after buying an additional 121 shares in the last quarter. Brinker Capital Investments LLC boosted its position in iShares MBS ETF by 6.3% in the 1st quarter. Brinker Capital Investments LLC now owns 2,190 shares of the company’s stock valued at $223,000 after buying an additional 130 shares during the period. CoreCap Advisors LLC grew its stake in iShares MBS ETF by 4.4% in the 4th quarter. CoreCap Advisors LLC now owns 3,353 shares of the company’s stock worth $315,000 after acquiring an additional 142 shares in the last quarter. Finally, Hsbc Holdings PLC increased its position in shares of iShares MBS ETF by 0.6% during the third quarter. Hsbc Holdings PLC now owns 27,579 shares of the company’s stock worth $2,449,000 after acquiring an additional 161 shares during the period. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Down 0.3 %

iShares MBS ETF stock opened at $92.42 on Friday. The company has a 50 day moving average price of $92.29 and a 200-day moving average price of $91.00. iShares MBS ETF has a fifty-two week low of $85.28 and a fifty-two week high of $96.07.

iShares MBS ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, March 7th. Shareholders of record on Monday, March 4th were given a dividend of $0.2921 per share. This represents a $3.50 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date of this dividend was Friday, March 1st.

About iShares MBS ETF

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).