DMC Group LLC Acquires 1,141 Shares of iShares MBS ETF (NASDAQ:MBB)

DMC Group LLC boosted its holdings in iShares MBS ETF (NASDAQ:MBB) by 6.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,068 shares of the company’s stock after purchasing an additional 1,141 shares during the quarter. iShares MBS ETF accounts for about 1.5% of DMC Group LLC’s portfolio, making the stock its 10th largest holding. DMC Group LLC’s holdings in iShares MBS ETF were worth $1,827,000 at the end of the most recent quarter.

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

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $94.13 on Friday. iShares MBS ETF has a 1 year low of $85.28 and a 1 year high of $96.76. The company’s 50 day simple moving average is $95.38 and its 200 day simple moving average is $93.00.

iShares MBS ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders 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.

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).