Mill Creek Capital Advisors LLC Purchases 51,797 Shares of iShares MBS ETF $MBB

Mill Creek Capital Advisors LLC increased its stake in iShares MBS ETF (NASDAQ:MBB) by 7.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 746,585 shares of the company’s stock after acquiring an additional 51,797 shares during the period. iShares MBS ETF comprises about 1.4% of Mill Creek Capital Advisors LLC’s holdings, making the stock its 12th largest holding. Mill Creek Capital Advisors LLC owned approximately 0.18% of iShares MBS ETF worth $71,090,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. ESL Trust Services LLC bought a new stake in shares of iShares MBS ETF in the 4th quarter valued at about $28,000. Nemes Rush Group LLC lifted its stake in shares of iShares MBS ETF by 132.9% in the 4th quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock valued at $34,000 after acquiring an additional 206 shares during the last quarter. Aventura Private Wealth LLC bought a new stake in shares of iShares MBS ETF in the 4th quarter valued at about $35,000. Wealth Watch Advisors INC bought a new stake in shares of iShares MBS ETF in the 3rd quarter valued at about $35,000. Finally, Key Financial Inc lifted its stake in shares of iShares MBS ETF by 96.9% in the 4th quarter. Key Financial Inc now owns 380 shares of the company’s stock valued at $36,000 after acquiring an additional 187 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $94.38 on Monday. iShares MBS ETF has a 1-year low of $92.38 and a 1-year high of $96.96. The stock has a 50-day moving average of $94.56 and a 200-day moving average of $95.15.

iShares MBS ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.3334 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, June 1st.

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).