Insight Wealth Strategies LLC Buys 23,419 Shares of iShares MBS ETF (NASDAQ:MBB)

Insight Wealth Strategies LLC raised its stake in iShares MBS ETF (NASDAQ:MBB) by 8.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 293,125 shares of the company’s stock after buying an additional 23,419 shares during the quarter. iShares MBS ETF comprises approximately 3.6% of Insight Wealth Strategies LLC’s investment portfolio, making the stock its 4th biggest holding. Insight Wealth Strategies LLC owned 0.08% of iShares MBS ETF worth $26,874,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. 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 buying an additional 5,521,374 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares MBS ETF by 12.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 25,036,908 shares of the company’s stock worth $2,298,639,000 after acquiring an additional 2,829,414 shares in the last quarter. LPL Financial LLC raised its holdings 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. Fisher Asset Management LLC lifted 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 worth $1,750,027,000 after purchasing an additional 1,404,263 shares in the last quarter. Finally, Stifel Financial Corp boosted its holdings 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 purchasing an additional 27,441 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.0 %

iShares MBS ETF stock traded down $0.04 during mid-day trading on Monday, reaching $91.44. The company’s stock had a trading volume of 1,893,205 shares, compared to its average volume of 1,796,478. The business’s 50 day simple moving average is $92.57 and its 200 day simple moving average is $93.67. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.2944 dividend. The ex-dividend date of this dividend 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).