Arvest Investments Inc. Sells 2,565 Shares of iShares MBS ETF (NASDAQ:MBB)

Arvest Investments Inc. lowered its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 1.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 239,714 shares of the company’s stock after selling 2,565 shares during the period. iShares MBS ETF accounts for approximately 3.5% of Arvest Investments Inc.’s portfolio, making the stock its 5th biggest holding. Arvest Investments Inc.’s holdings in iShares MBS ETF were worth $21,977,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in MBB. JPMorgan Chase & Co. lifted its position in 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 during the period. Proficio Capital Partners LLC lifted its position in iShares MBS ETF by 9,869.1% during the fourth 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 period. Essential Planning LLC. lifted its position in iShares MBS ETF by 6,413.4% during the fourth quarter. Essential Planning LLC. now owns 3,311,529 shares of the company’s stock worth $308,457,000 after buying an additional 3,260,687 shares during the period. Fisher Asset Management LLC lifted its position in iShares MBS ETF by 7.9% during the fourth quarter. Fisher Asset Management LLC now owns 19,701,940 shares of the company’s stock worth $1,806,274,000 after buying an additional 1,436,342 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in iShares MBS ETF during the fourth quarter worth about $115,371,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.2 %

NASDAQ MBB opened at $93.51 on Thursday. The business’s 50-day moving average price is $92.42 and its 200 day moving average price is $93.22. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.3204 per share. The ex-dividend date of this dividend 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).