US Bancorp DE reduced its stake in shares of iShares MBS ETF (NASDAQ:MBB – Free Report) by 2.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 530,243 shares of the company’s stock after selling 11,843 shares during the quarter. US Bancorp DE’s holdings in iShares MBS ETF were worth $48,613,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in shares of iShares MBS ETF by 18.9% during the third quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock worth $3,321,229,000 after purchasing an additional 5,521,374 shares during the last quarter. Fisher Asset Management LLC boosted its position in shares of iShares MBS ETF by 7.9% in the 4th quarter. Fisher Asset Management LLC now owns 19,701,940 shares of the company’s stock valued at $1,806,274,000 after purchasing an additional 1,436,342 shares during the period. LPL Financial LLC boosted its position in shares of iShares MBS ETF by 6.3% in the 3rd 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 period. Proficio Capital Partners LLC grew its stake in iShares MBS ETF by 9,869.1% during the 4th quarter. Proficio Capital Partners LLC now owns 5,498,469 shares of the company’s stock worth $504,100,000 after buying an additional 5,443,314 shares during the last quarter. Finally, Stifel Financial Corp increased its position in iShares MBS ETF by 0.8% during the third quarter. Stifel Financial Corp now owns 3,550,412 shares of the company’s stock worth $340,165,000 after buying an additional 27,441 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.
iShares MBS ETF Trading Up 0.4 %
Shares of NASDAQ MBB opened at $94.08 on Friday. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76. The stock has a 50 day moving average of $91.92 and a two-hundred day moving average of $93.39.
iShares MBS ETF Increases Dividend
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).
Read More
- Five stocks we like better than iShares MBS ETF
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- Autodesk Designs Value for Investors: Uptrend Set to Continue
- How to Calculate Retirement Income: MarketBeat’s Calculator
- Anheuser-Busch Stock Rallies—Is the King of Beers Back?
- The 3 Best Blue-Chip Stocks to Buy Now
- MarketBeat Week in Review – 02/24 – 02/28
Want to see what other hedge funds are holding MBB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MBS ETF (NASDAQ:MBB – Free Report).
Receive News & Ratings for iShares MBS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MBS ETF and related companies with MarketBeat.com's FREE daily email newsletter.