DMC Group LLC Has $1.83 Million Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

DMC Group LLC raised its stake in iShares MBS ETF (NASDAQ:MBB) by 6.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 19,068 shares of the company’s stock after buying an additional 1,141 shares during the period. iShares MBS ETF comprises about 1.5% of DMC Group LLC’s portfolio, making the stock its 10th biggest position. DMC Group LLC’s holdings in iShares MBS ETF were worth $1,827,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. Strait & Sound Wealth Management LLC lifted its stake in shares of iShares MBS ETF by 3.7% in the first quarter. Strait & Sound Wealth Management LLC now owns 3,309 shares of the company’s stock worth $298,000 after acquiring an additional 117 shares during the period. Wealthcare Advisory Partners LLC increased its position in iShares MBS ETF by 1.3% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 9,606 shares of the company’s stock valued at $888,000 after purchasing an additional 119 shares during the period. DB Fitzpatrick & Co Inc raised its holdings in iShares MBS ETF by 0.6% during the 2nd quarter. DB Fitzpatrick & Co Inc now owns 19,518 shares of the company’s stock worth $1,792,000 after purchasing an additional 119 shares during the last quarter. Cypress Wealth Services LLC lifted its position in shares of iShares MBS ETF by 0.3% in the 3rd quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock worth $4,463,000 after purchasing an additional 120 shares during the period. Finally, New Republic Capital LLC boosted its stake in shares of iShares MBS ETF by 5.0% in the 1st quarter. New Republic Capital LLC now owns 2,636 shares of the company’s stock valued at $244,000 after purchasing an additional 125 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.1 %

MBB opened at $94.13 on Friday. iShares MBS ETF has a twelve month low of $85.28 and a twelve month high of $96.76. The company has a fifty day moving average of $95.38 and a 200-day moving average of $93.00.

iShares MBS ETF Announces Dividend

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

About iShares MBS ETF

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).