DMC Group LLC Increases Stake in iShares MBS ETF (NASDAQ:MBB)

DMC Group LLC lifted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 4.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 19,896 shares of the company’s stock after buying an additional 828 shares during the quarter. iShares MBS ETF makes up approximately 1.5% of DMC Group LLC’s portfolio, making the stock its 11th biggest position. DMC Group LLC’s holdings in iShares MBS ETF were worth $1,824,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Hobbs Group Advisors LLC boosted its position in shares of iShares MBS ETF by 115.5% during the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after acquiring an additional 149 shares in the last quarter. St. Johns Investment Management Company LLC purchased a new stake in iShares MBS ETF during the third quarter worth approximately $30,000. Godsey & Gibb Inc. purchased a new stake in shares of iShares MBS ETF during the 3rd quarter worth approximately $33,000. MeadowBrook Investment Advisors LLC boosted its holdings in shares of iShares MBS ETF by 413.5% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after buying an additional 306 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV grew its position in shares of iShares MBS ETF by 254.2% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock valued at $44,000 after buying an additional 333 shares during the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Up 0.0 %

Shares of NASDAQ:MBB opened at $92.20 on Thursday. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76. The company’s fifty day moving average price is $92.15 and its 200 day moving average price is $93.58.

iShares MBS ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.2944 per share. The ex-dividend date of this dividend 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).