IFS Group LLC Takes $1.97 Million Position in iShares MBS ETF $MBB

IFS Group LLC bought a new stake in 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 bought 20,722 shares of the company’s stock, valued at approximately $1,968,000. iShares MBS ETF comprises 1.8% of IFS Group LLC’s portfolio, making the stock its 15th biggest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. ESL Trust Services LLC acquired a new position in iShares MBS ETF during the fourth quarter valued at approximately $28,000. Brown Lisle Cummings Inc. acquired a new position in shares of iShares MBS ETF during the 1st quarter worth approximately $28,000. First Community Trust NA acquired a new position in shares of iShares MBS ETF during the 1st quarter worth approximately $32,000. Nemes Rush Group LLC raised its stake in shares of iShares MBS ETF by 132.9% during the 4th quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock worth $34,000 after purchasing an additional 206 shares in the last quarter. Finally, Wealth Watch Advisors INC bought a new stake in shares of iShares MBS ETF during the 3rd quarter worth approximately $35,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $93.23 on Thursday. iShares MBS ETF has a 12 month low of $92.82 and a 12 month high of $96.96. The stock has a 50 day moving average of $94.05 and a 200-day moving average of $94.84.

iShares MBS ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a $0.3373 dividend. The ex-dividend date was Wednesday, July 1st.

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). 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).