Fisher Asset Management LLC Buys 1,404,263 Shares of iShares MBS ETF (NASDAQ:MBB)

Fisher Asset Management LLC lifted its position in iShares MBS ETF (NASDAQ:MBB) by 8.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 18,265,598 shares of the company’s stock after purchasing an additional 1,404,263 shares during the quarter. Fisher Asset Management LLC owned 5.08% of iShares MBS ETF worth $1,750,027,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in MBB. St. Johns Investment Management Company LLC bought a new stake in iShares MBS ETF during the third quarter worth about $30,000. Chris Bulman Inc acquired a new position in shares of iShares MBS ETF in the 2nd quarter worth approximately $31,000. Rothschild Investment LLC bought a new stake in iShares MBS ETF during the 2nd quarter worth approximately $33,000. Godsey & Gibb Inc. acquired a new stake in iShares MBS ETF during the 3rd quarter valued at $33,000. Finally, MeadowBrook Investment Advisors LLC raised its position in iShares MBS ETF by 413.5% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after purchasing an additional 306 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $92.60 on Monday. The business has a fifty day moving average of $94.00 and a 200-day moving average of $93.44. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a $0.3099 dividend. The ex-dividend date was Friday, November 1st.

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).