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

Darwin Wealth Management LLC purchased a new position in iShares MBS ETF (NASDAQ:MBB) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 80,927 shares of the company’s stock, valued at approximately $7,684,000. iShares MBS ETF comprises 2.4% of Darwin Wealth Management LLC’s holdings, making the stock its 9th largest holding.

A number of other large investors have also added to or reduced their stakes in MBB. Bank of America Corp DE boosted its stake in iShares MBS ETF by 11.8% in the 3rd quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock worth $6,840,878,000 after purchasing an additional 7,566,099 shares in the last quarter. LPL Financial LLC increased its stake in iShares MBS ETF by 4.1% during the 4th quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock valued at $2,656,940,000 after purchasing an additional 1,104,895 shares in the last quarter. TIAA Trust National Association increased its stake in iShares MBS ETF by 2.5% during the 4th quarter. TIAA Trust National Association now owns 26,010,786 shares of the company’s stock valued at $2,479,899,000 after purchasing an additional 646,390 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in iShares MBS ETF by 2.0% in the third quarter. Ameriprise Financial Inc. now owns 14,290,044 shares of the company’s stock worth $1,357,703,000 after buying an additional 284,484 shares during the last quarter. Finally, Morgan Stanley raised its holdings in iShares MBS ETF by 4.1% in the fourth quarter. Morgan Stanley now owns 9,852,362 shares of the company’s stock worth $938,142,000 after buying an additional 383,629 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.1%

Shares of NASDAQ MBB opened at $93.72 on Friday. The firm’s 50 day moving average price is $94.26 and its 200-day moving average price is $95.02. iShares MBS ETF has a 52-week low of $92.40 and a 52-week high of $96.96.

iShares MBS ETF Dividend Announcement

The firm also recently announced 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 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). 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).