Dakota Wealth Management Acquires 182,706 Shares of iShares MBS ETF $MBB

Dakota Wealth Management grew its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 50.2% in the 4th quarter, Holdings Channel reports. The fund owned 546,355 shares of the company’s stock after buying an additional 182,706 shares during the period. iShares MBS ETF accounts for 0.9% of Dakota Wealth Management’s investment portfolio, making the stock its 17th largest holding. Dakota Wealth Management’s holdings in iShares MBS ETF were worth $52,024,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE grew its holdings in shares of iShares MBS ETF by 11.8% during the 3rd quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock valued at $6,840,878,000 after purchasing an additional 7,566,099 shares during the last quarter. Barclays PLC increased its position in iShares MBS ETF by 77.1% during the 3rd quarter. Barclays PLC now owns 7,632,784 shares of the company’s stock worth $726,259,000 after purchasing an additional 3,322,737 shares in the last quarter. TIAA Trust National Association lifted its stake in iShares MBS ETF by 5.8% in the 3rd quarter. TIAA Trust National Association now owns 25,364,396 shares of the company’s stock valued at $2,413,954,000 after purchasing an additional 1,399,487 shares during the last quarter. Fisher Asset Management LLC lifted its stake in iShares MBS ETF by 5.7% in the 3rd quarter. Fisher Asset Management LLC now owns 22,503,900 shares of the company’s stock valued at $2,141,246,000 after purchasing an additional 1,206,273 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in iShares MBS ETF by 2.3% in the third quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock valued at $4,917,131,000 after buying an additional 1,182,620 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.7%

NASDAQ MBB opened at $94.04 on Friday. The firm’s fifty day moving average price is $95.62 and its two-hundred day moving average price is $95.46. iShares MBS ETF has a fifty-two week low of $90.84 and a fifty-two week high of $96.96.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a dividend of $0.3278 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend 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).