Park Place Capital Corp Purchases 706 Shares of iShares MBS ETF (NASDAQ:MBB)

Park Place Capital Corp grew its position in iShares MBS ETF (NASDAQ:MBB) by 1.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 42,849 shares of the company’s stock after purchasing an additional 706 shares during the period. iShares MBS ETF makes up approximately 1.4% of Park Place Capital Corp’s investment portfolio, making the stock its 12th largest holding. Park Place Capital Corp’s holdings in iShares MBS ETF were worth $3,960,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Register Financial Advisors LLC raised its holdings in iShares MBS ETF by 584.6% during the fourth quarter. Register Financial Advisors LLC now owns 267 shares of the company’s stock worth $25,000 after acquiring an additional 228 shares in the last quarter. Financial Management Professionals Inc. bought a new stake in iShares MBS ETF during the first quarter worth about $26,000. LFA Lugano Financial Advisors SA bought a new stake in iShares MBS ETF during the fourth quarter worth about $28,000. Kozak & Associates Inc. bought a new stake in iShares MBS ETF during the fourth quarter worth about $31,000. Finally, Versant Capital Management Inc bought a new stake in iShares MBS ETF during the first quarter worth about $32,000. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

MBB traded down $0.96 on Monday, hitting $90.85. 4,390,985 shares of the company were exchanged, compared to its average volume of 2,452,309. iShares MBS ETF has a 12 month low of $85.28 and a 12 month high of $94.55. The stock’s fifty day moving average is $91.24 and its 200-day moving average is $91.98.

iShares MBS ETF Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, July 5th. Investors of record on Monday, July 1st will be issued a dividend of $0.3053 per share. The ex-dividend date is Monday, July 1st.

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).