Rose Capital Advisors LLC Invests $1.19 Million in iShares MBS ETF $MBB

Rose Capital Advisors LLC purchased a new position in iShares MBS ETF (NASDAQ:MBB) during the second quarter, HoldingsChannel reports. The firm purchased 12,551 shares of the company’s stock, valued at approximately $1,186,000.

Several other institutional investors also recently bought and sold shares of MBB. Montgomery Financial Services LLC bought a new stake in iShares MBS ETF during the 2nd quarter valued at about $27,000. ESL Trust Services LLC bought a new position in shares of iShares MBS ETF in the fourth quarter worth approximately $28,000. Brown Lisle Cummings Inc. purchased a new stake in shares of iShares MBS ETF during the first quarter valued at approximately $28,000. Field & Main Bank purchased a new stake in shares of iShares MBS ETF during the second quarter valued at approximately $30,000. Finally, First Community Trust NA purchased a new stake in shares of iShares MBS ETF during the first quarter valued at approximately $32,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

Shares of MBB opened at $92.71 on Friday. iShares MBS ETF has a twelve month low of $92.28 and a twelve month high of $96.96. The firm has a 50 day moving average of $93.41 and a 200 day moving average of $94.38.

iShares MBS ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were issued a $0.3388 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

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).