St. Johns Investment Management Company LLC Invests $30,000 in iShares MBS ETF (NASDAQ:MBB)

St. Johns Investment Management Company LLC acquired a new stake in iShares MBS ETF (NASDAQ:MBB) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 318 shares of the company’s stock, valued at approximately $30,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jane Street Group LLC grew its stake in shares of iShares MBS ETF by 542.0% during the first quarter. Jane Street Group LLC now owns 8,429,084 shares of the company’s stock valued at $779,016,000 after buying an additional 7,116,171 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of iShares MBS ETF by 12.7% in the second quarter. Envestnet Asset Management Inc. now owns 25,036,908 shares of the company’s stock valued at $2,298,639,000 after acquiring an additional 2,829,414 shares during the period. Dynasty Wealth Management LLC purchased a new position in iShares MBS ETF during the 1st quarter valued at about $158,046,000. LPL Financial LLC grew its position in shares of iShares MBS ETF by 6.9% in the 2nd quarter. LPL Financial LLC now owns 18,051,515 shares of the company’s stock worth $1,657,310,000 after buying an additional 1,157,953 shares during the last quarter. Finally, State of Michigan Retirement System lifted its stake in iShares MBS ETF by 189.5% in the first quarter. State of Michigan Retirement System now owns 1,565,800 shares of the company’s stock worth $144,711,000 after acquiring an additional 1,025,000 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.2 %

Shares of MBB opened at $93.12 on Friday. The firm’s 50-day moving average price is $95.27 and its 200-day moving average price is $93.04. iShares MBS ETF has a 1-year low of $86.08 and a 1-year high of $96.76.

iShares MBS ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.3177 per share. The ex-dividend date of this dividend 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).