iShares MBS ETF (NASDAQ:MBB) Shares Purchased by ST Germain D J Co. Inc.

ST Germain D J Co. Inc. increased its stake in iShares MBS ETF (NASDAQ:MBB) by 2.0% in the 4th quarter, HoldingsChannel reports. The fund owned 307,008 shares of the company’s stock after acquiring an additional 6,089 shares during the period. iShares MBS ETF accounts for approximately 1.3% of ST Germain D J Co. Inc.’s holdings, making the stock its 14th largest holding. ST Germain D J Co. Inc.’s holdings in iShares MBS ETF were worth $28,146,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in MBB. Ashton Thomas Private Wealth LLC purchased a new stake in iShares MBS ETF during the second quarter valued at about $154,000. Coldstream Capital Management Inc. raised its stake in iShares MBS ETF by 48.4% during the 2nd quarter. Coldstream Capital Management Inc. now owns 11,535 shares of the company’s stock valued at $1,059,000 after purchasing an additional 3,762 shares during the period. Beverly Hills Private Wealth LLC lifted its holdings in shares of iShares MBS ETF by 17.8% in the second quarter. Beverly Hills Private Wealth LLC now owns 11,031 shares of the company’s stock valued at $1,013,000 after purchasing an additional 1,664 shares in the last quarter. Wealthgarden F.S. LLC acquired a new stake in shares of iShares MBS ETF in the second quarter worth $829,000. Finally, Oppenheimer & Co. Inc. raised its position in iShares MBS ETF by 7.1% during the second quarter. Oppenheimer & Co. Inc. now owns 16,422 shares of the company’s stock valued at $1,508,000 after buying an additional 1,083 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.6 %

iShares MBS ETF stock traded down $0.51 during mid-day trading on Friday, hitting $90.66. The company’s stock had a trading volume of 889,353 shares, compared to its average volume of 1,874,292. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76. The firm’s 50 day moving average is $92.43 and its 200 day moving average is $93.62.

iShares MBS ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a $0.2944 dividend. The ex-dividend date was Wednesday, December 18th.

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).