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

ST Germain D J Co. Inc. boosted its position in iShares MBS ETF (NASDAQ:MBB) by 4.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 289,551 shares of the company’s stock after buying an additional 11,790 shares during the period. iShares MBS ETF makes up about 1.3% of ST Germain D J Co. Inc.’s holdings, making the stock its 15th biggest position. ST Germain D J Co. Inc. owned approximately 0.09% of iShares MBS ETF worth $26,760,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MBB. Register Financial Advisors LLC grew its position in iShares MBS ETF by 584.6% in the 4th quarter. Register Financial Advisors LLC now owns 267 shares of the company’s stock valued at $25,000 after buying an additional 228 shares during the last quarter. LFA Lugano Financial Advisors SA purchased a new stake in shares of iShares MBS ETF during the 4th quarter worth $28,000. Kozak & Associates Inc. purchased a new stake in shares of iShares MBS ETF during the 4th quarter worth $31,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of iShares MBS ETF during the 4th quarter worth $34,000. Finally, Able Wealth Management LLC purchased a new stake in shares of iShares MBS ETF during the 4th quarter worth $43,000. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

Shares of NASDAQ MBB traded up $0.40 during trading on Tuesday, hitting $92.64. 1,820,359 shares of the company were exchanged, compared to its average volume of 2,499,959. iShares MBS ETF has a 1 year low of $85.28 and a 1 year high of $94.55. The firm’s fifty day moving average price is $90.83 and its 200 day moving average price is $91.94.

iShares MBS ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were given a dividend of $0.3002 per share. The ex-dividend date was Monday, June 3rd. This represents a $3.60 annualized dividend and a dividend yield of 3.89%.

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).