Darwin Wealth Management LLC Takes $7.68 Million Position in iShares MBS ETF $MBB

Darwin Wealth Management LLC acquired a new stake in shares of iShares MBS ETF (NASDAQ:MBB) during the first quarter, HoldingsChannel reports. The fund acquired 80,927 shares of the company’s stock, valued at approximately $7,684,000. iShares MBS ETF accounts for 2.4% of Darwin Wealth Management LLC’s investment portfolio, making the stock its 9th biggest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Simplicity Wealth LLC grew its position in iShares MBS ETF by 9.1% in the 1st quarter. Simplicity Wealth LLC now owns 48,651 shares of the company’s stock worth $4,619,000 after purchasing an additional 4,063 shares during the period. Hsbc Holdings PLC lifted its holdings in shares of iShares MBS ETF by 35.3% during the 1st quarter. Hsbc Holdings PLC now owns 20,356 shares of the company’s stock valued at $1,933,000 after buying an additional 5,309 shares during the period. Elevated Capital Advisors LLC lifted its holdings in shares of iShares MBS ETF by 8.1% during the 1st quarter. Elevated Capital Advisors LLC now owns 3,040 shares of the company’s stock valued at $289,000 after buying an additional 229 shares during the period. Range Financial Group LLC boosted its stake in shares of iShares MBS ETF by 6.7% in the 1st quarter. Range Financial Group LLC now owns 36,981 shares of the company’s stock worth $3,511,000 after buying an additional 2,331 shares during the last quarter. Finally, Yukon Wealth Management Inc. boosted its stake in shares of iShares MBS ETF by 1.1% in the 1st quarter. Yukon Wealth Management Inc. now owns 29,259 shares of the company’s stock worth $2,778,000 after buying an additional 305 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.1%

Shares of MBB opened at $93.72 on Friday. iShares MBS ETF has a one year low of $92.40 and a one year high of $96.96. The business has a fifty day moving average of $94.26 and a 200 day moving average of $95.02.

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 dividend of $0.3373 per share. 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).