Cypress Wealth Services LLC Purchases 5,821 Shares of iShares MBS ETF $MBB

Cypress Wealth Services LLC raised its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 12.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 52,214 shares of the company’s stock after acquiring an additional 5,821 shares during the quarter. Cypress Wealth Services LLC’s holdings in iShares MBS ETF were worth $4,972,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Delos Wealth Advisors LLC acquired a new stake in iShares MBS ETF during the 2nd quarter worth $26,000. Howe & Rusling Inc. boosted its position in shares of iShares MBS ETF by 184.0% in the 3rd quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock worth $27,000 after purchasing an additional 184 shares during the last quarter. Westfuller Advisors LLC bought a new position in shares of iShares MBS ETF in the 3rd quarter worth $33,000. Wealth Watch Advisors INC acquired a new stake in shares of iShares MBS ETF during the third quarter worth $35,000. Finally, Aventura Private Wealth LLC bought a new stake in iShares MBS ETF in the fourth quarter valued at about $35,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

NASDAQ:MBB opened at $94.12 on Friday. iShares MBS ETF has a 1-year low of $90.84 and a 1-year high of $96.96. The business’s 50-day moving average price is $95.59 and its two-hundred day moving average price is $95.46.

iShares MBS ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a $0.3278 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Monday, March 2nd.

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). 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).