Jmac Enterprises LLC Purchases 4,262 Shares of iShares MBS ETF (NASDAQ:MBB)

Jmac Enterprises LLC lifted its position in iShares MBS ETF (NASDAQ:MBB) by 12.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 37,769 shares of the company’s stock after purchasing an additional 4,262 shares during the period. Jmac Enterprises LLC’s holdings in iShares MBS ETF were worth $3,619,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MBB. BNP Paribas Financial Markets increased its stake in iShares MBS ETF by 26.7% during the 1st quarter. BNP Paribas Financial Markets now owns 72,203 shares of the company’s stock valued at $6,673,000 after purchasing an additional 15,224 shares in the last quarter. Advisory Services Network LLC raised its position in shares of iShares MBS ETF by 21.9% during the 1st quarter. Advisory Services Network LLC now owns 53,595 shares of the company’s stock valued at $4,953,000 after buying an additional 9,633 shares during the period. Concord Investment Counsel Inc. acquired a new position in iShares MBS ETF in the first quarter valued at about $728,000. Envestnet Portfolio Solutions Inc. raised its position in iShares MBS ETF by 6.3% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 2,792,215 shares of the company’s stock valued at $258,056,000 after purchasing an additional 164,686 shares during the period. Finally, Spectrum Investment Advisors Inc. lifted its position in shares of iShares MBS ETF by 2.0% during the first quarter. Spectrum Investment Advisors Inc. now owns 75,283 shares of the company’s stock worth $6,958,000 after purchasing an additional 1,512 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Up 0.6 %

iShares MBS ETF stock opened at $92.64 on Thursday. The stock’s fifty day simple moving average is $94.81 and its 200-day simple moving average is $93.22. iShares MBS ETF has a twelve month low of $87.87 and a twelve month high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a $0.3099 dividend. The ex-dividend date of this dividend was Friday, November 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).