Mill Creek Capital Advisors LLC Buys 37,535 Shares of iShares MBS ETF $MBB

Mill Creek Capital Advisors LLC increased its position in iShares MBS ETF (NASDAQ:MBB) by 5.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 694,788 shares of the company’s stock after purchasing an additional 37,535 shares during the quarter. iShares MBS ETF makes up about 1.4% of Mill Creek Capital Advisors LLC’s investment portfolio, making the stock its 13th largest holding. Mill Creek Capital Advisors LLC owned about 0.16% of iShares MBS ETF worth $66,109,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Delos Wealth Advisors LLC bought a new position in shares of iShares MBS ETF during the second quarter valued at $26,000. Howe & Rusling Inc. increased its position in iShares MBS ETF by 184.0% during the third quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock valued at $27,000 after acquiring an additional 184 shares during the last quarter. Tsfg LLC increased its position in iShares MBS ETF by 106.8% during the second quarter. Tsfg LLC now owns 335 shares of the company’s stock valued at $31,000 after acquiring an additional 173 shares during the last quarter. Westfuller Advisors LLC bought a new position in iShares MBS ETF in the third quarter valued at about $33,000. Finally, Evolution Wealth Management Inc. bought a new position in iShares MBS ETF in the second quarter valued at about $39,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $96.75 on Friday. iShares MBS ETF has a 52-week low of $90.84 and a 52-week high of $96.75. The business has a 50-day simple moving average of $95.68 and a two-hundred day simple moving average of $95.28.

iShares MBS ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a dividend of $0.3347 per share. This represents a c) annualized dividend and a yield of 4.2%. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33. The ex-dividend date was Monday, February 2nd.

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).