iShares MBS ETF $MBB Stock Position Lifted by JGP Wealth Management LLC

JGP Wealth Management LLC boosted its stake in iShares MBS ETF (NASDAQ:MBB) by 44.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,102 shares of the company’s stock after buying an additional 8,375 shares during the quarter. JGP Wealth Management LLC’s holdings in iShares MBS ETF were worth $2,581,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE raised its holdings in shares of iShares MBS ETF by 2.9% during the second quarter. Bank of America Corp DE now owns 64,329,626 shares of the company’s stock worth $6,039,909,000 after acquiring an additional 1,796,449 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares MBS ETF by 0.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 26,767,449 shares of the company’s stock valued at $2,513,079,000 after buying an additional 153,806 shares in the last quarter. TIAA Trust National Association increased its holdings in iShares MBS ETF by 349.3% in the second quarter. TIAA Trust National Association now owns 23,964,909 shares of the company’s stock worth $2,245,510,000 after buying an additional 18,631,536 shares during the last quarter. Fisher Asset Management LLC raised its position in iShares MBS ETF by 1.2% during the second quarter. Fisher Asset Management LLC now owns 21,297,627 shares of the company’s stock valued at $1,999,634,000 after acquiring an additional 254,658 shares in the last quarter. Finally, Allworth Financial LP lifted its stake in iShares MBS ETF by 1.6% in the second quarter. Allworth Financial LP now owns 3,101,316 shares of the company’s stock valued at $291,183,000 after acquiring an additional 50,059 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

MBB stock opened at $95.42 on Thursday. The firm has a 50 day moving average of $95.44 and a two-hundred day moving average of $94.45. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $96.25.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were issued a dividend of $0.334 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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). 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).