20,015 Shares in iShares MBS ETF (NASDAQ:MBB) Bought by Procyon Advisors LLC

Procyon Advisors LLC acquired a new position in iShares MBS ETF (NASDAQ:MBB) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 20,015 shares of the company’s stock, valued at approximately $1,835,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. RDA Financial Network boosted its stake in iShares MBS ETF by 47.4% in the fourth quarter. RDA Financial Network now owns 21,082 shares of the company’s stock valued at $1,933,000 after acquiring an additional 6,776 shares during the period. Empirical Asset Management LLC boosted its position in iShares MBS ETF by 26.2% during the 4th quarter. Empirical Asset Management LLC now owns 4,989 shares of the company’s stock valued at $457,000 after purchasing an additional 1,035 shares during the period. Edge Wealth Management LLC grew its stake in iShares MBS ETF by 9.4% during the 4th quarter. Edge Wealth Management LLC now owns 86,507 shares of the company’s stock worth $7,931,000 after buying an additional 7,422 shares during the last quarter. Fermata Advisors LLC grew its stake in iShares MBS ETF by 54.2% during the 4th quarter. Fermata Advisors LLC now owns 13,009 shares of the company’s stock worth $1,193,000 after buying an additional 4,573 shares during the last quarter. Finally, Cypress Wealth Services LLC increased its position in iShares MBS ETF by 9.7% in the fourth quarter. Cypress Wealth Services LLC now owns 51,100 shares of the company’s stock worth $4,685,000 after buying an additional 4,514 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB opened at $91.59 on Friday. The firm has a fifty day moving average of $92.23 and a 200-day moving average of $93.57. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.2944 per share. The ex-dividend date was Wednesday, December 18th.

About iShares MBS ETF

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).