JGP Wealth Management LLC Acquires 3,695 Shares of iShares MBS ETF (NASDAQ:MBB)

JGP Wealth Management LLC lifted its stake in iShares MBS ETF (NASDAQ:MBB) by 46.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,591 shares of the company’s stock after purchasing an additional 3,695 shares during the quarter. JGP Wealth Management LLC’s holdings in iShares MBS ETF were worth $1,063,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its holdings in iShares MBS ETF by 18.9% in 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 boosted its stake in iShares MBS ETF by 6.3% in the 3rd quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock worth $1,838,565,000 after purchasing an additional 1,138,182 shares in the last quarter. Fisher Asset Management LLC boosted its stake in 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 worth $1,750,027,000 after purchasing an additional 1,404,263 shares in the last quarter. Stifel Financial Corp grew its position in iShares MBS ETF by 0.8% during the 3rd quarter. Stifel Financial Corp now owns 3,550,412 shares of the company’s stock valued at $340,165,000 after purchasing an additional 27,441 shares during the last quarter. Finally, Allworth Financial LP increased its stake in iShares MBS ETF by 2.4% during the 3rd quarter. Allworth Financial LP now owns 3,069,901 shares of the company’s stock valued at $294,127,000 after purchasing an additional 71,046 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.3 %

Shares of NASDAQ MBB opened at $91.66 on Friday. The firm’s 50 day moving average price is $92.29 and its 200-day moving average price is $93.58. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76.

iShares MBS ETF Cuts Dividend

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

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).