Swmg LLC Purchases 1,775 Shares of iShares MBS ETF (NASDAQ:MBB)

Swmg LLC grew its stake in iShares MBS ETF (NASDAQ:MBB) by 5.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 34,947 shares of the company’s stock after acquiring an additional 1,775 shares during the period. iShares MBS ETF accounts for about 1.3% of Swmg LLC’s investment portfolio, making the stock its 17th biggest position. Swmg LLC’s holdings in iShares MBS ETF were worth $3,229,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. St. Johns Investment Management Company LLC bought a new position in shares of iShares MBS ETF in the third quarter worth about $30,000. Chris Bulman Inc acquired a new stake in shares of iShares MBS ETF during the 2nd quarter worth approximately $31,000. Rothschild Investment LLC acquired a new stake in shares of iShares MBS ETF during the 2nd quarter worth approximately $33,000. Godsey & Gibb Inc. acquired a new stake in shares of iShares MBS ETF during the 3rd quarter worth approximately $33,000. Finally, MeadowBrook Investment Advisors LLC grew its position in shares of iShares MBS ETF by 413.5% during the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after buying an additional 306 shares during the period. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Up 0.3 %

Shares of NASDAQ:MBB opened at $93.64 on Thursday. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76. The company has a 50 day moving average of $93.57 and a 200-day moving average of $93.55.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd will be given a dividend of $0.3074 per share. The ex-dividend date is Monday, December 2nd.

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).