Bessemer Group Inc. Trims Holdings in iShares MBS ETF (NASDAQ:MBB)

Bessemer Group Inc. lowered its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 16.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 833,945 shares of the company’s stock after selling 160,010 shares during the period. Bessemer Group Inc.’s holdings in iShares MBS ETF were worth $76,456,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in MBB. JPMorgan Chase & Co. raised its holdings in iShares MBS ETF by 49.2% in the 4th quarter. JPMorgan Chase & Co. now owns 51,720,881 shares of the company’s stock valued at $4,741,789,000 after buying an additional 17,056,138 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of iShares MBS ETF by 4.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 28,770,337 shares of the company’s stock valued at $2,637,664,000 after acquiring an additional 1,336,608 shares during the period. LPL Financial LLC lifted its holdings in shares of iShares MBS ETF by 13.9% in the 4th quarter. LPL Financial LLC now owns 21,858,016 shares of the company’s stock worth $2,003,943,000 after acquiring an additional 2,668,319 shares during the last quarter. Fisher Asset Management LLC boosted its position in shares of iShares MBS ETF by 7.9% during the 4th quarter. Fisher Asset Management LLC now owns 19,701,940 shares of the company’s stock worth $1,806,274,000 after purchasing an additional 1,436,342 shares during the period. Finally, Proficio Capital Partners LLC boosted its position in shares of 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 purchasing an additional 5,443,314 shares during the period. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Up 0.0 %

Shares of NASDAQ MBB opened at $92.62 on Thursday. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76. The stock has a fifty day simple moving average of $93.01 and a 200-day simple moving average of $92.92.

iShares MBS ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were paid a dividend of $0.3309 per share. This is a boost from iShares MBS ETF’s previous dividend of $0.32. The ex-dividend date was Tuesday, April 1st.

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).