Excalibur Management Corp Invests $208,000 in iShares MBS ETF (NASDAQ:MBB)

Excalibur Management Corp bought a new stake in iShares MBS ETF (NASDAQ:MBB) during the 2nd quarter, HoldingsChannel reports. The fund bought 2,261 shares of the company’s stock, valued at approximately $208,000.

Several other large investors have also recently added to or reduced their stakes in the business. Financial Management Professionals Inc. acquired a new stake in shares of iShares MBS ETF in the 1st quarter worth approximately $26,000. Chris Bulman Inc bought a new position in iShares MBS ETF during the 2nd quarter valued at $31,000. Versant Capital Management Inc acquired a new position in shares of iShares MBS ETF during the 1st quarter valued at $32,000. Rothschild Investment LLC bought a new stake in shares of iShares MBS ETF in the 2nd quarter worth $33,000. Finally, Able Wealth Management LLC acquired a new stake in shares of iShares MBS ETF in the fourth quarter valued at $43,000. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.2 %

Shares of MBB stock opened at $96.66 on Tuesday. The stock has a 50-day simple moving average of $94.50 and a 200 day simple moving average of $92.50. iShares MBS ETF has a fifty-two week low of $85.28 and a fifty-two week high of $96.76.

iShares MBS ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.3177 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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).