Maripau Wealth Management LLC Raises Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Maripau Wealth Management LLC grew its position in iShares MBS ETF (NASDAQ:MBB) by 8.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 29,179 shares of the company’s stock after buying an additional 2,159 shares during the quarter. iShares MBS ETF makes up about 2.4% of Maripau Wealth Management LLC’s portfolio, making the stock its 13th largest holding. Maripau Wealth Management LLC’s holdings in iShares MBS ETF were worth $2,796,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in MBB. Strait & Sound Wealth Management LLC grew its stake in shares of iShares MBS ETF by 3.7% in the first quarter. Strait & Sound Wealth Management LLC now owns 3,309 shares of the company’s stock valued at $298,000 after buying an additional 117 shares in the last quarter. Wealthcare Advisory Partners LLC increased its position in shares of iShares MBS ETF by 1.3% during the first quarter. Wealthcare Advisory Partners LLC now owns 9,606 shares of the company’s stock worth $888,000 after purchasing an additional 119 shares in the last quarter. DB Fitzpatrick & Co Inc increased its position in shares of iShares MBS ETF by 0.6% during the second quarter. DB Fitzpatrick & Co Inc now owns 19,518 shares of the company’s stock worth $1,792,000 after purchasing an additional 119 shares in the last quarter. Cypress Wealth Services LLC increased its position in iShares MBS ETF by 0.3% in the 3rd quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock valued at $4,463,000 after acquiring an additional 120 shares during the period. Finally, New Republic Capital LLC increased its position in iShares MBS ETF by 5.0% in the 1st quarter. New Republic Capital LLC now owns 2,636 shares of the company’s stock valued at $244,000 after acquiring an additional 125 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

NASDAQ MBB traded up $0.15 on Tuesday, hitting $93.57. 1,613,346 shares of the company’s stock were exchanged, compared to its average volume of 2,293,398. The firm’s 50-day moving average price is $95.36 and its two-hundred day moving average price is $93.02. iShares MBS ETF has a fifty-two week low of $85.28 and a fifty-two week high of $96.76.

iShares MBS ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.3177 per share. The ex-dividend date was Tuesday, September 3rd.

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).