Columbus Macro LLC Buys 6,555 Shares of iShares MBS ETF $MBB

Columbus Macro LLC raised its stake in iShares MBS ETF (NASDAQ:MBB) by 12.6% during the third quarter, Holdings Channel reports. The firm owned 58,680 shares of the company’s stock after purchasing an additional 6,555 shares during the period. Columbus Macro LLC’s holdings in iShares MBS ETF were worth $5,259,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Montgomery Financial Services LLC acquired a new stake in shares of iShares MBS ETF during the 2nd quarter worth $27,000. Brown Lisle Cummings Inc. purchased a new position in shares of iShares MBS ETF in the 1st quarter worth $28,000. Field & Main Bank purchased a new position in shares of iShares MBS ETF in the 2nd quarter worth $30,000. First Community Trust NA purchased a new position in shares of iShares MBS ETF in the 1st quarter worth $32,000. Finally, Beaird Harris Wealth Management LLC acquired a new position in iShares MBS ETF in the second quarter valued at $34,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

iShares MBS ETF stock traded up $0.03 during midday trading on Wednesday, reaching $90.00. The stock had a trading volume of 19,694,941 shares, compared to its average volume of 3,209,364. iShares MBS ETF has a twelve month low of $88.58 and a twelve month high of $96.96. The stock’s 50-day simple moving average is $91.75 and its 200 day simple moving average is $93.39.

iShares MBS ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a dividend of $0.3662 per share. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.3388. This represents a $4.39 annualized dividend and a yield of 4.9%. The ex-dividend date was Thursday, October 1st.

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).