ST Germain D J Co. Inc. Boosts Stock Position in iShares MBS ETF (NASDAQ:MBB)

ST Germain D J Co. Inc. grew its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 2.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 300,919 shares of the company’s stock after acquiring an additional 6,914 shares during the period. iShares MBS ETF accounts for approximately 1.3% of ST Germain D J Co. Inc.’s portfolio, making the stock its 14th largest holding. ST Germain D J Co. Inc.’s holdings in iShares MBS ETF were worth $28,831,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in MBB. Crewe Advisors LLC increased its holdings in shares of iShares MBS ETF by 62.8% in the first quarter. Crewe Advisors LLC now owns 1,426 shares of the company’s stock worth $132,000 after purchasing an additional 550 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares MBS ETF in the second quarter worth $61,000. Ascent Group LLC increased its stake in iShares MBS ETF by 27.5% in the second quarter. Ascent Group LLC now owns 76,549 shares of the company’s stock valued at $7,028,000 after acquiring an additional 16,488 shares during the last quarter. Pinnacle Bancorp Inc. increased its stake in iShares MBS ETF by 38.6% in the first quarter. Pinnacle Bancorp Inc. now owns 5,776 shares of the company’s stock valued at $534,000 after acquiring an additional 1,608 shares during the last quarter. Finally, Zions Bancorporation N.A. bought a new position in iShares MBS ETF in the second quarter valued at $189,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.1 %

MBB traded up $0.07 during trading on Friday, reaching $94.13. The stock had a trading volume of 2,747,966 shares, compared to its average volume of 2,297,601. iShares MBS ETF has a one year low of $85.28 and a one year high of $96.76. The business has a 50-day moving average of $95.38 and a 200-day moving average of $92.99.

iShares MBS ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors 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).