Independent Financial Group LLC Purchases Shares of 57,964 iShares MBS ETF $MBB

Independent Financial Group LLC purchased a new stake in shares of iShares MBS ETF (NASDAQ:MBB) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 57,964 shares of the company’s stock, valued at approximately $5,504,000.

Other hedge funds also recently made changes to their positions in the company. ESL Trust Services LLC bought a new position in iShares MBS ETF in the 4th quarter worth approximately $28,000. Brown Lisle Cummings Inc. acquired a new stake in iShares MBS ETF in the 1st quarter valued at approximately $28,000. First Community Trust NA acquired a new stake in iShares MBS ETF in the 1st quarter valued at approximately $32,000. Nemes Rush Group LLC raised its stake in iShares MBS ETF by 132.9% during the 4th quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock valued at $34,000 after acquiring an additional 206 shares in the last quarter. Finally, Aventura Private Wealth LLC bought a new stake in iShares MBS ETF during the 4th quarter valued at $35,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.0%

Shares of MBB stock opened at $93.78 on Friday. iShares MBS ETF has a 1 year low of $92.43 and a 1 year high of $96.96. The stock has a fifty day moving average of $94.15 and a two-hundred day moving average of $94.96.

iShares MBS ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a dividend of $0.3373 per share. The ex-dividend date was Wednesday, July 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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).