Carnegie Investment Counsel Has $23.74 Million Position in iShares MBS ETF $MBB

Carnegie Investment Counsel raised its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 3.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 249,475 shares of the company’s stock after purchasing an additional 8,142 shares during the quarter. Carnegie Investment Counsel owned approximately 0.06% of iShares MBS ETF worth $23,738,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Delos Wealth Advisors LLC bought a new position in shares of iShares MBS ETF in the second quarter valued at about $26,000. LRI Investments LLC acquired a new position in iShares MBS ETF in the 2nd quarter valued at about $30,000. Tsfg LLC raised its holdings in iShares MBS ETF by 106.8% in the 2nd quarter. Tsfg LLC now owns 335 shares of the company’s stock valued at $31,000 after acquiring an additional 173 shares during the period. Flaharty Asset Management LLC acquired a new stake in iShares MBS ETF during the first quarter worth approximately $34,000. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in shares of iShares MBS ETF by 317.2% during the second 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 period. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Down 0.1%

iShares MBS ETF stock opened at $95.36 on Friday. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $96.25. The stock’s 50 day moving average is $95.42 and its 200-day moving average is $94.48.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a dividend of $0.334 per share. The ex-dividend date was Friday, December 19th. This represents a c) annualized dividend 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).