Copperleaf Capital LLC Reduces Stock Position in iShares MBS ETF (NASDAQ:MBB)

Copperleaf Capital LLC lessened its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 9.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,975 shares of the company’s stock after selling 2,578 shares during the quarter. iShares MBS ETF comprises about 1.5% of Copperleaf Capital LLC’s investment portfolio, making the stock its 18th biggest holding. Copperleaf Capital LLC’s holdings in iShares MBS ETF were worth $2,290,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in MBB. Ignite Planners LLC lifted its position in shares of iShares MBS ETF by 4.9% during the fourth quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock worth $226,000 after purchasing an additional 115 shares during the last quarter. Strategic Blueprint LLC raised its holdings 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 acquiring an additional 116 shares in the last quarter. Savvy Advisors Inc. raised its holdings in shares of iShares MBS ETF by 4.3% in the third quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock valued at $280,000 after acquiring an additional 121 shares in the last quarter. Delos Wealth Advisors LLC raised its holdings in shares of iShares MBS ETF by 4.3% in the third quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock valued at $281,000 after acquiring an additional 121 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of iShares MBS ETF by 18.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 794 shares of the company’s stock valued at $73,000 after acquiring an additional 125 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB stock opened at $92.43 on Friday. The business has a 50-day moving average price of $91.84 and a 200 day moving average price of $93.50. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76.

iShares MBS ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.3414 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from iShares MBS ETF’s previous dividend of $0.29.

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).