Archer Investment Corp Has $163,000 Stock Position in iShares MBS ETF (NASDAQ:MBB)

Archer Investment Corp decreased its position in iShares MBS ETF (NASDAQ:MBB) by 8.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,736 shares of the company’s stock after selling 153 shares during the period. Archer Investment Corp’s holdings in iShares MBS ETF were worth $163,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Simplicity Solutions LLC boosted its stake in iShares MBS ETF by 3.6% in the 4th quarter. Simplicity Solutions LLC now owns 3,367 shares of the company’s stock worth $317,000 after purchasing an additional 117 shares during the period. Courier Capital LLC lifted its position in iShares MBS ETF by 2.0% during the 3rd quarter. Courier Capital LLC now owns 6,195 shares of the company’s stock worth $550,000 after buying an additional 121 shares in the last quarter. Brinker Capital Investments LLC lifted its position in iShares MBS ETF by 6.3% during the 1st quarter. Brinker Capital Investments LLC now owns 2,190 shares of the company’s stock worth $223,000 after buying an additional 130 shares in the last quarter. CoreCap Advisors LLC lifted its position in iShares MBS ETF by 4.4% during the 4th quarter. CoreCap Advisors LLC now owns 3,353 shares of the company’s stock worth $315,000 after buying an additional 142 shares in the last quarter. Finally, Ellis Investment Partners LLC lifted its position in iShares MBS ETF by 5.3% during the 4th quarter. Ellis Investment Partners LLC now owns 2,899 shares of the company’s stock worth $273,000 after buying an additional 146 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $90.01 on Thursday. The company’s 50-day moving average price is $91.72 and its two-hundred day moving average price is $91.11. iShares MBS ETF has a one year low of $85.28 and a one year high of $95.70.

iShares MBS ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.2827 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.39 annualized dividend and a yield of 3.77%.

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).