7,881 Shares in iShares MBS ETF (NASDAQ:MBB) Acquired by Concord Investment Counsel Inc.

Concord Investment Counsel Inc. bought a new position in iShares MBS ETF (NASDAQ:MBB) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 7,881 shares of the company’s stock, valued at approximately $728,000.

A number of other hedge funds also recently bought and sold shares of the company. Advisory Services Network LLC lifted its position in iShares MBS ETF by 21.9% in the first quarter. Advisory Services Network LLC now owns 53,595 shares of the company’s stock valued at $4,953,000 after purchasing an additional 9,633 shares during the last quarter. Sensible Financial Planning & Management LLC. lifted its position in iShares MBS ETF by 4.6% in the first quarter. Sensible Financial Planning & Management LLC. now owns 635,717 shares of the company’s stock valued at $58,753,000 after purchasing an additional 27,927 shares during the last quarter. Beacon Bridge Wealth Partners LLC lifted its position in iShares MBS ETF by 7.7% in the first quarter. Beacon Bridge Wealth Partners LLC now owns 119,027 shares of the company’s stock valued at $11,000,000 after purchasing an additional 8,473 shares during the last quarter. Csenge Advisory Group lifted its position in iShares MBS ETF by 14.2% in the first quarter. Csenge Advisory Group now owns 31,028 shares of the company’s stock valued at $2,868,000 after purchasing an additional 3,857 shares during the last quarter. Finally, Richardson Financial Services Inc. lifted its position in iShares MBS ETF by 65.1% in the first quarter. Richardson Financial Services Inc. now owns 2,537 shares of the company’s stock valued at $234,000 after purchasing an additional 1,000 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB traded up $0.16 during mid-day trading on Friday, hitting $92.97. 820,976 shares of the company’s stock traded hands, compared to its average volume of 2,387,096. The business’s 50-day moving average price is $91.62 and its 200-day moving average price is $91.90. iShares MBS ETF has a 1 year low of $85.28 and a 1 year high of $94.55.

iShares MBS ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were paid a $0.3053 dividend. The ex-dividend date was Monday, July 1st. This represents a $3.66 annualized dividend and a yield of 3.94%.

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).