D.A. Davidson & CO. Buys 431 Shares of iShares MBS ETF $MBB

D.A. Davidson & CO. lifted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 2.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 20,182 shares of the company’s stock after purchasing an additional 431 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares MBS ETF were worth $1,895,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MBB. Renaissancere Holdings Ltd. bought a new stake in shares of iShares MBS ETF during the 1st quarter valued at $267,782,000. LPL Financial LLC raised its stake in shares of iShares MBS ETF by 11.0% during the 1st quarter. LPL Financial LLC now owns 24,262,602 shares of the company’s stock valued at $2,275,347,000 after purchasing an additional 2,404,586 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of iShares MBS ETF during the 1st quarter valued at $98,713,000. Jane Street Group LLC raised its stake in shares of iShares MBS ETF by 2,142.6% during the 1st quarter. Jane Street Group LLC now owns 949,675 shares of the company’s stock valued at $89,061,000 after purchasing an additional 907,328 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in iShares MBS ETF by 82.0% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,373,804 shares of the company’s stock worth $128,986,000 after buying an additional 619,114 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $96.04 on Monday. iShares MBS ETF has a 52 week low of $90.28 and a 52 week high of $96.20. The business has a 50-day simple moving average of $94.98 and a 200 day simple moving average of $93.56.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were given a dividend of $0.3363 per share. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date was Wednesday, October 1st.

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).