Wilmington Savings Fund Society FSB Purchases Shares of 1,246 iShares MBS ETF (NASDAQ:MBB)

Wilmington Savings Fund Society FSB purchased a new position in shares of iShares MBS ETF (NASDAQ:MBB) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,246 shares of the company’s stock, valued at approximately $119,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its position 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 worth $2,298,639,000 after buying an additional 2,829,414 shares during the last quarter. Fisher Asset Management LLC boosted its stake in shares of iShares MBS ETF by 8.3% in 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 in the last quarter. LPL Financial LLC grew its holdings in shares of 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. Hilton Capital Management LLC purchased a new position in iShares MBS ETF in the 3rd quarter worth $88,586,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in iShares MBS ETF by 696.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 804,598 shares of the company’s stock worth $77,089,000 after purchasing an additional 703,598 shares during the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

NASDAQ MBB opened at $91.26 on Friday. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76. The company has a 50-day simple moving average of $93.07 and a two-hundred day simple moving average of $93.68.

iShares MBS ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th will be paid a $0.2944 dividend. The ex-dividend date is 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).