91,599 Shares in iShares MBS ETF $MBB Bought by Procyon Advisors LLC

Procyon Advisors LLC bought a new position in shares of iShares MBS ETF (NASDAQ:MBB) in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 91,599 shares of the company’s stock, valued at approximately $8,716,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of MBB. Delos Wealth Advisors LLC acquired a new position in shares of iShares MBS ETF during the second quarter worth about $26,000. LRI Investments LLC bought a new stake in iShares MBS ETF in the 2nd quarter valued at approximately $30,000. Tsfg LLC boosted its position in iShares MBS ETF by 106.8% during the 2nd quarter. Tsfg LLC now owns 335 shares of the company’s stock worth $31,000 after acquiring an additional 173 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in iShares MBS ETF by 317.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock worth $36,000 after acquiring an additional 295 shares during the last quarter. Finally, Evolution Wealth Management Inc. bought a new position in shares of iShares MBS ETF during the 2nd quarter worth approximately $39,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.1%

NASDAQ MBB opened at $95.83 on Thursday. The firm’s 50 day moving average is $95.34 and its 200-day moving average is $94.72. iShares MBS ETF has a 12-month low of $90.84 and a 12-month high of $96.25.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a $0.334 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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). 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).