Courier Capital LLC Buys 48,488 Shares of iShares MBS ETF (NASDAQ:MBB)

Courier Capital LLC boosted its stake in iShares MBS ETF (NASDAQ:MBB) by 782.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 54,683 shares of the company’s stock after purchasing an additional 48,488 shares during the quarter. Courier Capital LLC’s holdings in iShares MBS ETF were worth $5,013,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its holdings in iShares MBS ETF by 18.9% during the third quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock valued at $3,321,229,000 after purchasing an additional 5,521,374 shares during the period. Fisher Asset Management LLC grew its holdings in shares of iShares MBS ETF by 8.3% in the 3rd quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock valued at $1,750,027,000 after buying an additional 1,404,263 shares during the period. LPL Financial LLC increased its position in shares of iShares MBS ETF by 6.3% in the 3rd quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock valued at $1,838,565,000 after buying an additional 1,138,182 shares in the last quarter. Hilton Capital Management LLC bought a new stake in shares of iShares MBS ETF in the 3rd quarter valued at $88,586,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in iShares MBS ETF by 696.6% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 804,598 shares of the company’s stock worth $77,089,000 after buying an additional 703,598 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.2 %

Shares of iShares MBS ETF stock traded down $0.15 during trading hours on Monday, hitting $90.37. The company’s stock had a trading volume of 4,140,619 shares, compared to its average volume of 2,590,560. The stock has a 50 day moving average of $92.40 and a 200 day moving average of $93.62. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.2944 dividend. The ex-dividend date of this dividend was Wednesday, December 18th.

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).