Commonwealth Equity Services LLC Buys 16,319 Shares of iShares MBS ETF (NASDAQ:MBB)

Commonwealth Equity Services LLC raised its stake in iShares MBS ETF (NASDAQ:MBB) by 2.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 603,040 shares of the company’s stock after acquiring an additional 16,319 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares MBS ETF were worth $55,287,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of MBB. JPMorgan Chase & Co. raised its stake 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 acquiring an additional 5,521,374 shares during the last quarter. Fisher Asset Management LLC raised its stake in shares of iShares MBS ETF by 7.9% in the fourth quarter. Fisher Asset Management LLC now owns 19,701,940 shares of the company’s stock valued at $1,806,274,000 after acquiring an additional 1,436,342 shares during the last quarter. LPL Financial LLC raised its stake 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 acquiring an additional 1,138,182 shares during the last quarter. Proficio Capital Partners LLC raised its stake in shares of iShares MBS ETF by 9,869.1% in the fourth quarter. Proficio Capital Partners LLC now owns 5,498,469 shares of the company’s stock valued at $504,100,000 after acquiring an additional 5,443,314 shares during the last quarter. Finally, Stifel Financial Corp raised its stake in shares of iShares MBS ETF by 0.8% in the third quarter. Stifel Financial Corp now owns 3,550,412 shares of the company’s stock valued at $340,165,000 after acquiring an additional 27,441 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Trading Down 0.3 %

NASDAQ:MBB opened at $93.00 on Friday. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76. The firm has a 50 day moving average of $92.29 and a 200-day moving average of $93.28.

iShares MBS ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.3204 dividend. The ex-dividend date was Monday, March 3rd.

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).