Retirement Capital Strategies Acquires 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, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 61,052 shares of the company’s stock after purchasing an additional 58,528 shares during the period. iShares MBS ETF accounts for approximately 2.2% of Retirement Capital Strategies’ portfolio, making the stock its 15th largest holding. Retirement Capital Strategies’ holdings in iShares MBS ETF were worth $5,813,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. ESL Trust Services LLC bought a new position in iShares MBS ETF during the fourth quarter valued at $28,000. Nemes Rush Group LLC grew its holdings in iShares MBS ETF by 132.9% during the fourth quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock valued at $34,000 after purchasing an additional 206 shares during the period. Aventura Private Wealth LLC bought a new position in iShares MBS ETF during the fourth quarter valued at $35,000. Wealth Watch Advisors INC bought a new position in iShares MBS ETF during the third quarter valued at $35,000. Finally, Key Financial Inc grew its holdings in iShares MBS ETF by 96.9% during the fourth quarter. Key Financial Inc now owns 380 shares of the company’s stock valued at $36,000 after purchasing an additional 187 shares during the period. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

Shares of NASDAQ MBB opened at $94.38 on Monday. The stock has a fifty day simple moving average of $94.56 and a two-hundred day simple moving average of $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 company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a dividend of $0.3334 per share. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Monday, June 1st.

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).