Wooster Corthell Wealth Management Inc. Purchases 7,462 Shares of iShares MBS ETF (NASDAQ:MBB)

Wooster Corthell Wealth Management Inc. grew its position in iShares MBS ETF (NASDAQ:MBB) by 8.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 97,387 shares of the company’s stock after purchasing an additional 7,462 shares during the quarter. iShares MBS ETF makes up approximately 1.9% of Wooster Corthell Wealth Management Inc.’s portfolio, making the stock its 13th largest holding. Wooster Corthell Wealth Management Inc.’s holdings in iShares MBS ETF were worth $8,928,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Ignite Planners LLC increased its position in iShares MBS ETF by 4.9% during the fourth quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock worth $226,000 after acquiring an additional 115 shares during the period. Strategic Blueprint LLC increased its position in iShares MBS ETF by 0.6% during the third quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock worth $1,792,000 after acquiring an additional 116 shares during the period. Cypress Wealth Services LLC increased its position in iShares MBS ETF by 0.3% during the third quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock worth $4,463,000 after acquiring an additional 120 shares during the period. Savvy Advisors Inc. increased its position in iShares MBS ETF by 4.3% during the third quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock worth $280,000 after acquiring an additional 121 shares during the period. Finally, Delos Wealth Advisors LLC increased its position in iShares MBS ETF by 4.3% during the third quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock worth $281,000 after acquiring an additional 121 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.1 %

Shares of MBB stock opened at $91.59 on Monday. The firm’s fifty day simple moving average is $92.23 and its 200 day simple moving average is $93.61. 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 firm also recently declared a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued 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).