Carnegie Investment Counsel Acquires 8,142 Shares of iShares MBS ETF $MBB

Carnegie Investment Counsel lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 3.4% during the 3rd quarter, Holdings Channel reports. The firm owned 249,475 shares of the company’s stock after purchasing an additional 8,142 shares during the period. Carnegie Investment Counsel’s holdings in iShares MBS ETF were worth $23,738,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE increased its stake in iShares MBS ETF by 2.9% during the 2nd quarter. Bank of America Corp DE now owns 64,329,626 shares of the company’s stock worth $6,039,909,000 after acquiring an additional 1,796,449 shares during the period. Envestnet Asset Management Inc. increased its position in shares of iShares MBS ETF by 0.6% in the second quarter. Envestnet Asset Management Inc. now owns 26,767,449 shares of the company’s stock worth $2,513,079,000 after purchasing an additional 153,806 shares during the period. TIAA Trust National Association raised its stake in iShares MBS ETF by 349.3% in the second quarter. TIAA Trust National Association now owns 23,964,909 shares of the company’s stock valued at $2,245,510,000 after purchasing an additional 18,631,536 shares in the last quarter. Fisher Asset Management LLC lifted its position in iShares MBS ETF by 1.2% during the second quarter. Fisher Asset Management LLC now owns 21,297,627 shares of the company’s stock worth $1,999,634,000 after purchasing an additional 254,658 shares during the period. Finally, Allworth Financial LP lifted its position in iShares MBS ETF by 1.6% during the second quarter. Allworth Financial LP now owns 3,101,316 shares of the company’s stock worth $291,183,000 after purchasing an additional 50,059 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

MBB stock opened at $95.36 on Friday. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $96.25. The company’s 50-day moving average price is $95.42 and its two-hundred day moving average price is $94.48.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a $0.334 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Friday, December 19th.

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). 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).