iShares MBS ETF $MBB Shares Bought by LPL Financial LLC

LPL Financial LLC increased its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 4.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,903,169 shares of the company’s stock after acquiring an additional 1,104,895 shares during the quarter. iShares MBS ETF comprises approximately 0.7% of LPL Financial LLC’s portfolio, making the stock its 22nd largest holding. LPL Financial LLC owned about 6.79% of iShares MBS ETF worth $2,656,940,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bank of America Corp DE raised its stake in 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 worth $6,840,878,000 after acquiring an additional 7,566,099 shares in the last quarter. JPMorgan Chase & Co. raised its stake in iShares MBS ETF by 2.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock worth $4,917,131,000 after acquiring an additional 1,182,620 shares in the last quarter. TIAA Trust National Association raised its stake in iShares MBS ETF by 5.8% during the 3rd quarter. TIAA Trust National Association now owns 25,364,396 shares of the company’s stock worth $2,413,954,000 after acquiring an additional 1,399,487 shares in the last quarter. Fisher Asset Management LLC raised its stake in iShares MBS ETF by 5.7% during the 3rd quarter. Fisher Asset Management LLC now owns 22,503,900 shares of the company’s stock worth $2,141,246,000 after acquiring an additional 1,206,273 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in iShares MBS ETF by 2.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 14,290,044 shares of the company’s stock worth $1,357,703,000 after acquiring an additional 284,484 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $93.74 on Monday. The company’s fifty day moving average price is $94.60 and its 200 day moving average price is $95.20. iShares MBS ETF has a 12 month low of $91.56 and a 12 month high of $96.96.

iShares MBS ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a dividend of $0.3334 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date was Monday, June 1st.

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). 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).