43,821 Shares in iShares MBS ETF (NASDAQ:MBB) Purchased by Sovran Advisors LLC

Sovran Advisors LLC acquired a new position in shares of iShares MBS ETF (NASDAQ:MBB) during the 4th quarter, Holdings Channel.com reports. The fund acquired 43,821 shares of the company’s stock, valued at approximately $3,964,000.

Several other hedge funds have also bought and sold shares of the business. JPMorgan Chase & Co. boosted its stake in 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 acquiring an additional 5,521,374 shares in the last quarter. LPL Financial LLC raised its holdings in iShares MBS ETF by 6.3% in the third quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock worth $1,838,565,000 after buying an additional 1,138,182 shares during the last quarter. Fisher Asset Management LLC raised its holdings in iShares MBS ETF by 8.3% in the third quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock worth $1,750,027,000 after buying an additional 1,404,263 shares during the last quarter. Stifel Financial Corp raised its holdings in iShares MBS ETF by 0.8% in the third quarter. Stifel Financial Corp now owns 3,550,412 shares of the company’s stock worth $340,165,000 after buying an additional 27,441 shares during the last quarter. Finally, Allworth Financial LP raised its holdings in iShares MBS ETF by 2.4% in the third quarter. Allworth Financial LP now owns 3,069,901 shares of the company’s stock worth $294,127,000 after buying an additional 71,046 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.0 %

Shares of iShares MBS ETF stock opened at $92.20 on Tuesday. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76. The company has a 50-day simple moving average of $92.00 and a two-hundred day simple moving average of $93.54.

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 issued a $0.3414 dividend. The ex-dividend date was Monday, February 3rd. This is a boost 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).