BCU Wealth Advisors LLC Acquires 2,715 Shares of iShares MBS ETF (NASDAQ:MBB)

BCU Wealth Advisors LLC lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 17.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 18,681 shares of the company’s stock after purchasing an additional 2,715 shares during the quarter. iShares MBS ETF comprises approximately 1.0% of BCU Wealth Advisors LLC’s holdings, making the stock its 15th biggest position. BCU Wealth Advisors LLC’s holdings in iShares MBS ETF were worth $1,713,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its stake in iShares MBS ETF by 18.9% in the 3rd 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. Fisher Asset Management LLC grew its position in shares of 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 valued at $1,750,027,000 after purchasing an additional 1,404,263 shares during the last quarter. LPL Financial LLC grew its position in shares of 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 purchasing an additional 1,138,182 shares during the last quarter. Hilton Capital Management LLC bought a new position in shares of iShares MBS ETF during the third quarter worth approximately $88,586,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in 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 purchasing an additional 703,598 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.4 %

Shares of NASDAQ MBB opened at $92.43 on Friday. The stock’s fifty day moving average price is $91.87 and its two-hundred day moving average price is $93.50. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76.

iShares MBS ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.3414 dividend. The ex-dividend date was Monday, February 3rd. This is an increase from iShares MBS ETF’s previous dividend of $0.29.

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).