Harbour Investments Inc. Buys 1,518 Shares of iShares MBS ETF $MBB

Harbour Investments Inc. boosted its stake in iShares MBS ETF (NASDAQ:MBB) by 1.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 91,135 shares of the company’s stock after acquiring an additional 1,518 shares during the quarter. Harbour Investments Inc.’s holdings in iShares MBS ETF were worth $8,557,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. LPL Financial LLC lifted its position in iShares MBS ETF by 11.0% in the 1st quarter. LPL Financial LLC now owns 24,262,602 shares of the company’s stock valued at $2,275,347,000 after acquiring an additional 2,404,586 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in iShares MBS ETF by 0.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,939,526 shares of the company’s stock valued at $275,669,000 after acquiring an additional 8,399 shares in the last quarter. Renaissancere Holdings Ltd. bought a new stake in iShares MBS ETF in the 1st quarter valued at $267,782,000. Cetera Investment Advisers lifted its position in iShares MBS ETF by 17.5% in the 1st quarter. Cetera Investment Advisers now owns 1,863,533 shares of the company’s stock valued at $174,762,000 after acquiring an additional 277,926 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in iShares MBS ETF by 13.0% in the 1st quarter. Raymond James Financial Inc. now owns 1,421,953 shares of the company’s stock valued at $133,351,000 after acquiring an additional 163,543 shares in the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $95.54 on Wednesday. The company’s 50-day moving average price is $94.62 and its two-hundred day moving average price is $93.42. iShares MBS ETF has a one year low of $90.28 and a one year high of $95.97.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were given a dividend of $0.3363 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 4.2%.

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).