TCW Group Inc. Sells 1,221 Shares of iShares MBS ETF (NASDAQ:MBB)

TCW Group Inc. decreased its position in iShares MBS ETF (NASDAQ:MBB) by 0.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 156,701 shares of the company’s stock after selling 1,221 shares during the quarter. TCW Group Inc.’s holdings in iShares MBS ETF were worth $15,014,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Hobbs Group Advisors LLC boosted its holdings in iShares MBS ETF by 115.5% during the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after purchasing an additional 149 shares during the last quarter. St. Johns Investment Management Company LLC bought a new stake in iShares MBS ETF during the 3rd quarter worth about $30,000. Chris Bulman Inc bought a new stake in iShares MBS ETF during the 2nd quarter worth about $31,000. Godsey & Gibb Inc. acquired a new position in shares of iShares MBS ETF during the 3rd quarter worth about $33,000. Finally, Rothschild Investment LLC bought a new position in shares of iShares MBS ETF in the 2nd quarter valued at about $33,000. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Trading Down 0.3 %

MBB opened at $93.39 on Thursday. The business’s 50-day simple moving average is $93.39 and its 200 day simple moving average is $93.64. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd were given a dividend of $0.3074 per share. The ex-dividend date was Monday, December 2nd.

iShares MBS ETF Company 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).