Estate Counselors LLC Invests $1.16 Million in iShares MBS ETF (NASDAQ:MBB)

Estate Counselors LLC acquired a new stake in iShares MBS ETF (NASDAQ:MBB) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 12,065 shares of the company’s stock, valued at approximately $1,156,000.

A number of other large investors also recently bought and sold shares of MBB. Strategic Blueprint LLC grew its stake in shares of iShares MBS ETF by 0.6% in the third quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock valued at $1,792,000 after buying an additional 116 shares in the last quarter. DB Fitzpatrick & Co Inc grew its position in iShares MBS ETF by 0.6% in the 2nd quarter. DB Fitzpatrick & Co Inc now owns 19,518 shares of the company’s stock valued at $1,792,000 after acquiring an additional 119 shares in the last quarter. Cypress Wealth Services LLC increased its stake in iShares MBS ETF by 0.3% during the third quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock worth $4,463,000 after purchasing an additional 120 shares during the period. Savvy Advisors Inc. lifted its position in shares of iShares MBS ETF by 4.3% during the third quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock worth $280,000 after purchasing an additional 121 shares in the last quarter. Finally, Lodestar Private Asset Management LLC boosted its stake in shares of iShares MBS ETF by 0.6% in the third quarter. Lodestar Private Asset Management LLC now owns 20,693 shares of the company’s stock valued at $1,983,000 after purchasing an additional 131 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB stock opened at $92.60 on Friday. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76. The company has a 50 day moving average price of $94.00 and a 200 day moving average price of $93.42.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.3099 dividend. The ex-dividend date was Friday, November 1st.

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).