Franklin Resources Inc. Increases Position in iShares MBS ETF (NASDAQ:MBB)

Franklin Resources Inc. increased its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 1.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 302,201 shares of the company’s stock after purchasing an additional 5,492 shares during the quarter. Franklin Resources Inc. owned approximately 0.08% of iShares MBS ETF worth $27,706,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in MBB. JPMorgan Chase & Co. increased its position in shares of iShares MBS ETF by 49.2% during the fourth quarter. JPMorgan Chase & Co. now owns 51,720,881 shares of the company’s stock worth $4,741,789,000 after purchasing an additional 17,056,138 shares in the last quarter. Proficio Capital Partners LLC grew its stake in iShares MBS ETF by 9,869.1% during the 4th quarter. Proficio Capital Partners LLC now owns 5,498,469 shares of the company’s stock worth $504,100,000 after buying an additional 5,443,314 shares during the last quarter. Essential Planning LLC. grew its stake in iShares MBS ETF by 6,413.4% during the 4th quarter. Essential Planning LLC. now owns 3,311,529 shares of the company’s stock worth $308,457,000 after buying an additional 3,260,687 shares during the last quarter. LPL Financial LLC increased its position in iShares MBS ETF by 13.9% during the 4th quarter. LPL Financial LLC now owns 21,858,016 shares of the company’s stock valued at $2,003,943,000 after buying an additional 2,668,319 shares in the last quarter. Finally, Fisher Asset Management LLC raised its stake in iShares MBS ETF by 7.9% in the fourth quarter. Fisher Asset Management LLC now owns 19,701,940 shares of the company’s stock valued at $1,806,274,000 after buying an additional 1,436,342 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB stock opened at $94.18 on Friday. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76. The stock’s 50-day simple moving average is $92.96 and its 200-day simple moving average is $93.01.

iShares MBS ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were given a dividend of $0.3309 per share. The ex-dividend date was Tuesday, April 1st. This is an increase from iShares MBS ETF’s previous dividend of $0.32.

iShares MBS ETF Company 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).