WealthShield Partners LLC Buys 2,896 Shares of iShares MBS ETF (NASDAQ:MBB)

WealthShield Partners LLC grew its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 7.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,393 shares of the company’s stock after buying an additional 2,896 shares during the period. WealthShield Partners LLC’s holdings in iShares MBS ETF were worth $3,887,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in shares of iShares MBS ETF by 18.9% during the third quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock worth $3,321,229,000 after purchasing an additional 5,521,374 shares in the last quarter. LPL Financial LLC grew its holdings in shares of iShares MBS ETF by 6.3% during the third quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock worth $1,838,565,000 after purchasing an additional 1,138,182 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of iShares MBS ETF by 8.3% during the third quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock worth $1,750,027,000 after purchasing an additional 1,404,263 shares in the last quarter. Stifel Financial Corp grew its holdings in shares of iShares MBS ETF by 0.8% during the third quarter. Stifel Financial Corp now owns 3,550,412 shares of the company’s stock worth $340,165,000 after purchasing an additional 27,441 shares in the last quarter. Finally, Allworth Financial LP boosted its stake in iShares MBS ETF by 12.0% in the fourth quarter. Allworth Financial LP now owns 3,439,456 shares of the company’s stock worth $315,639,000 after buying an additional 369,555 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Up 0.5 %

Shares of MBB opened at $92.87 on Monday. The stock has a 50 day simple moving average of $91.75 and a two-hundred day simple moving average of $93.42. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76.

iShares MBS ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.3414 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from iShares MBS ETF’s previous dividend of $0.29.

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).