Rose Capital Advisors LLC Purchases New Shares in iShares MBS ETF $MBB

Rose Capital Advisors LLC acquired a new position in iShares MBS ETF (NASDAQ:MBB) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 12,551 shares of the company’s stock, valued at approximately $1,186,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Field & Main Bank purchased a new stake in shares of iShares MBS ETF in the 2nd quarter worth about $30,000. Montgomery Financial Services LLC purchased a new position in iShares MBS ETF during the 2nd quarter valued at about $27,000. ESL Trust Services LLC purchased a new position in iShares MBS ETF during the 4th quarter valued at about $28,000. Brown Lisle Cummings Inc. bought a new stake in iShares MBS ETF during the first quarter worth about $28,000. Finally, First Community Trust NA bought a new stake in iShares MBS ETF during the first quarter worth about $32,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB opened at $92.71 on Friday. iShares MBS ETF has a fifty-two week low of $92.28 and a fifty-two week high of $96.96. The firm’s 50-day simple moving average is $93.41 and its two-hundred day simple moving average is $94.38.

iShares MBS ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were paid a $0.3388 dividend. The ex-dividend date was Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 4.4%.

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).