Kavar Capital Partners Group LLC Buys Shares of 2,103 iShares MBS ETF (NASDAQ:MBB)

Kavar Capital Partners Group LLC bought a new stake in iShares MBS ETF (NASDAQ:MBB) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 2,103 shares of the company’s stock, valued at approximately $201,000.

Several other hedge funds have also recently made changes to their positions in MBB. Strait & Sound Wealth Management LLC boosted its holdings in shares of iShares MBS ETF by 3.7% in 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 boosted its holdings in shares of iShares MBS ETF by 1.3% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 9,606 shares of the company’s stock worth $888,000 after purchasing an additional 119 shares in the last quarter. DB Fitzpatrick & Co Inc boosted its holdings 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 worth $1,792,000 after purchasing an additional 119 shares in the last quarter. Cypress Wealth Services LLC boosted its holdings 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 in the last quarter. Finally, New Republic Capital LLC boosted its holdings 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 worth $244,000 after purchasing an additional 125 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Trading Down 0.2 %

MBB opened at $93.12 on Friday. The stock has a 50-day moving average price of $95.23 and a 200-day moving average price of $93.06. iShares MBS ETF has a 12-month low of $86.08 and a 12-month high of $96.76.

iShares MBS ETF Dividend Announcement

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

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).