Jmac Enterprises LLC Raises Position in iShares MBS ETF (NASDAQ:MBB)

Jmac Enterprises LLC increased its stake in iShares MBS ETF (NASDAQ:MBB) by 10.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 41,812 shares of the company’s stock after buying an additional 4,043 shares during the quarter. Jmac Enterprises LLC’s holdings in iShares MBS ETF were worth $3,833,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Alpha Financial Partners LLC acquired a new stake in iShares MBS ETF in the third quarter valued at approximately $2,960,000. Exchange Traded Concepts LLC acquired a new stake in iShares MBS ETF during the 3rd quarter valued at $519,000. Empirical Asset Management LLC grew its holdings in iShares MBS ETF by 9.6% during the 3rd quarter. Empirical Asset Management LLC now owns 3,954 shares of the company’s stock valued at $379,000 after purchasing an additional 345 shares in the last quarter. Fiduciary Alliance LLC purchased a new stake in iShares MBS ETF during the 3rd quarter worth $238,000. Finally, Watershed Private Wealth LLC boosted its position in iShares MBS ETF by 5.6% in the 3rd quarter. Watershed Private Wealth LLC now owns 24,062 shares of the company’s stock valued at $2,305,000 after buying an additional 1,277 shares during the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 0.3 %

Shares of NASDAQ MBB opened at $91.95 on Wednesday. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76. The stock’s 50-day simple moving average is $91.98 and its 200-day simple moving average is $93.54.

iShares MBS ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.3414 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from iShares MBS ETF’s previous dividend of $0.29.

iShares MBS ETF 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).