River Street Advisors LLC Takes $744,000 Position in iShares MBS ETF $MBB

River Street Advisors LLC acquired a new stake in iShares MBS ETF (NASDAQ:MBB) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 7,922 shares of the company’s stock, valued at approximately $744,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. International Private Wealth Advisors LLC raised its holdings in iShares MBS ETF by 2.8% during the 2nd quarter. International Private Wealth Advisors LLC now owns 4,120 shares of the company’s stock valued at $387,000 after buying an additional 114 shares during the last quarter. Midwest Heritage Bank FSB raised its holdings in iShares MBS ETF by 4.0% during the 2nd quarter. Midwest Heritage Bank FSB now owns 2,982 shares of the company’s stock valued at $280,000 after buying an additional 116 shares during the last quarter. Legacy Capital Group California Inc. raised its holdings in iShares MBS ETF by 2.2% during the 1st quarter. Legacy Capital Group California Inc. now owns 5,495 shares of the company’s stock valued at $515,000 after buying an additional 118 shares during the last quarter. Paces Ferry Wealth Advisors LLC raised its holdings in iShares MBS ETF by 5.4% during the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 2,308 shares of the company’s stock valued at $216,000 after buying an additional 119 shares during the last quarter. Finally, Beacon Capital Management LLC raised its holdings in iShares MBS ETF by 35.3% during the 2nd quarter. Beacon Capital Management LLC now owns 460 shares of the company’s stock valued at $43,000 after buying an additional 120 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Trading Up 0.1%

NASDAQ:MBB opened at $95.24 on Friday. The company has a fifty day moving average of $94.33 and a 200 day moving average of $93.32. iShares MBS ETF has a 52 week low of $90.28 and a 52 week high of $95.97.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be issued a $0.3363 dividend. The ex-dividend date is Wednesday, October 1st. This represents a c) annualized dividend and a yield of 4.2%.

iShares MBS ETF Company 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).