TrueWealth Advisors LLC Has $445,000 Stake in iShares MBS ETF (NASDAQ:MBB)

TrueWealth Advisors LLC raised its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 16.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,852 shares of the company’s stock after purchasing an additional 675 shares during the period. TrueWealth Advisors LLC’s holdings in iShares MBS ETF were worth $445,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its position in iShares MBS ETF by 18.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock valued at $3,321,229,000 after purchasing an additional 5,521,374 shares during the period. 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 during the last quarter. LPL Financial LLC lifted 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 valued at $1,838,565,000 after buying an additional 1,138,182 shares during the period. Hilton Capital Management LLC bought a new stake in shares of iShares MBS ETF during the 3rd quarter valued at about $88,586,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of iShares MBS ETF by 696.6% during the 3rd 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 buying an additional 703,598 shares during the period. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

Shares of NASDAQ MBB opened at $91.59 on Friday. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76. The company’s fifty day simple moving average is $92.23 and its 200 day simple moving average is $93.57.

iShares MBS ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.2944 dividend. The ex-dividend date was Wednesday, December 18th.

About iShares MBS ETF

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).