Cypress Wealth Services LLC Boosts Stock Position in iShares MBS ETF $MBB

Cypress Wealth Services LLC increased its position in shares of iShares MBS ETF (NASDAQ:MBB) by 12.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,214 shares of the company’s stock after acquiring an additional 5,821 shares during the period. Cypress Wealth Services LLC’s holdings in iShares MBS ETF were worth $4,972,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. FWG Investments LLC. lifted its position in iShares MBS ETF by 4.0% during the 3rd quarter. FWG Investments LLC. now owns 2,858 shares of the company’s stock worth $272,000 after buying an additional 109 shares in the last quarter. Alesco Advisors LLC increased its position in iShares MBS ETF by 0.8% in the 3rd quarter. Alesco Advisors LLC now owns 13,395 shares of the company’s stock valued at $1,275,000 after acquiring an additional 110 shares in the last quarter. Lynx Investment Advisory increased its position in iShares MBS ETF by 4.5% in the 3rd quarter. Lynx Investment Advisory now owns 2,575 shares of the company’s stock valued at $245,000 after acquiring an additional 110 shares in the last quarter. OMNI 360 Wealth Inc. raised its stake in shares of iShares MBS ETF by 2.3% in the third quarter. OMNI 360 Wealth Inc. now owns 4,925 shares of the company’s stock worth $469,000 after acquiring an additional 113 shares during the last quarter. Finally, Coordinated Financial Services Inc. lifted its position in shares of iShares MBS ETF by 0.6% during the third quarter. Coordinated Financial Services Inc. now owns 19,481 shares of the company’s stock worth $1,854,000 after purchasing an additional 118 shares in the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

MBB opened at $94.12 on Friday. iShares MBS ETF has a one year low of $90.84 and a one year high of $96.96. The company’s 50 day simple moving average is $95.59 and its 200-day simple moving average is $95.46.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.3278 per share. The ex-dividend date of this dividend was Monday, March 2nd. 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).