DB Fitzpatrick & Co Inc Has $2.27 Million Holdings in iShares MBS ETF (NASDAQ:MBB)

DB Fitzpatrick & Co Inc raised its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 25.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,729 shares of the company’s stock after acquiring an additional 5,037 shares during the period. iShares MBS ETF comprises approximately 2.1% of DB Fitzpatrick & Co Inc’s investment portfolio, making the stock its 5th largest holding. DB Fitzpatrick & Co Inc’s holdings in iShares MBS ETF were worth $2,267,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of MBB. Hobbs Group Advisors LLC boosted its stake in shares of iShares MBS ETF by 115.5% in the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after buying an additional 149 shares during the last quarter. St. Johns Investment Management Company LLC bought a new stake in iShares MBS ETF during the third quarter worth $30,000. Godsey & Gibb Inc. purchased a new position in iShares MBS ETF in the third quarter worth $33,000. MeadowBrook Investment Advisors LLC grew its stake in iShares MBS ETF by 413.5% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after purchasing an additional 306 shares during the period. Finally, Massmutual Trust Co. FSB ADV increased its position in shares of iShares MBS ETF by 254.2% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock valued at $44,000 after purchasing an additional 333 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Trading Down 0.1 %

NASDAQ MBB opened at $91.59 on Friday. The business’s fifty day moving average is $92.23 and its 200-day moving average is $93.57. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a $0.2944 dividend. The ex-dividend date of this dividend was Wednesday, December 18th.

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).