iShares MBS ETF (NASDAQ:MBB) Shares Bought by Insight Wealth Strategies LLC

Insight Wealth Strategies LLC increased its position in shares of iShares MBS ETF (NASDAQ:MBB) by 8.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 293,125 shares of the company’s stock after purchasing an additional 23,419 shares during the period. iShares MBS ETF accounts for 3.6% of Insight Wealth Strategies LLC’s investment portfolio, making the stock its 4th largest holding. Insight Wealth Strategies LLC’s holdings in iShares MBS ETF were worth $26,874,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in shares of iShares MBS ETF by 18.9% in the third quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock valued at $3,321,229,000 after buying an additional 5,521,374 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in iShares MBS ETF by 12.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 25,036,908 shares of the company’s stock valued at $2,298,639,000 after acquiring an additional 2,829,414 shares during the period. Fisher Asset Management LLC lifted its holdings in iShares MBS ETF by 8.3% during the 3rd quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock valued at $1,750,027,000 after purchasing an additional 1,404,263 shares during the last quarter. LPL Financial LLC lifted its holdings in iShares MBS ETF by 6.9% during the 2nd quarter. LPL Financial LLC now owns 18,051,515 shares of the company’s stock valued at $1,657,310,000 after purchasing an additional 1,157,953 shares during the last quarter. Finally, Hilton Capital Management LLC bought a new position in iShares MBS ETF during the third quarter worth $88,586,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

Shares of MBB traded down $0.04 during trading hours on Monday, hitting $91.44. The company had a trading volume of 1,893,205 shares, compared to its average volume of 1,796,478. The business has a fifty day moving average of $92.57 and a 200-day moving average of $93.67. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.2944 dividend. The ex-dividend date of this dividend was Wednesday, December 18th.

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).