Estate Counselors LLC Has $22.11 Million Position in iShares MBS ETF $MBB

Estate Counselors LLC increased its position in iShares MBS ETF (NASDAQ:MBB) by 99.7% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 232,819 shares of the company’s stock after acquiring an additional 116,254 shares during the period. iShares MBS ETF comprises approximately 2.0% of Estate Counselors LLC’s holdings, making the stock its 6th largest position. Estate Counselors LLC owned approximately 0.06% of iShares MBS ETF worth $22,106,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MBB. Quantinno Capital Management LP bought a new stake in shares of iShares MBS ETF in the 1st quarter worth $390,000. Lazard Asset Management LLC lifted its holdings in shares of iShares MBS ETF by 2.0% during the first quarter. Lazard Asset Management LLC now owns 121,088 shares of the company’s stock valued at $11,497,000 after purchasing an additional 2,377 shares in the last quarter. Gateway Wealth Partners LLC boosted its position in shares of iShares MBS ETF by 285.6% during the first quarter. Gateway Wealth Partners LLC now owns 96,332 shares of the company’s stock valued at $9,147,000 after buying an additional 71,350 shares during the last quarter. Cypress Capital Group purchased a new stake in shares of iShares MBS ETF during the first quarter valued at $503,000. Finally, Wealth Alliance LLC boosted its position in shares of iShares MBS ETF by 6.6% during the first quarter. Wealth Alliance LLC now owns 65,037 shares of the company’s stock valued at $6,175,000 after buying an additional 4,015 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Up 0.3%

NASDAQ MBB opened at $93.37 on Tuesday. iShares MBS ETF has a one year low of $92.81 and a one year high of $96.96. The stock has a 50-day moving average of $94.05 and a 200 day moving average of $94.87.

iShares MBS ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.3373 per share. The ex-dividend date of this dividend was Wednesday, July 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).