iShares MBS ETF (NASDAQ:MBB) Shares Bought by Invst LLC

Invst LLC raised its stake in iShares MBS ETF (NASDAQ:MBB) by 16.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 146,829 shares of the company’s stock after acquiring an additional 20,878 shares during the quarter. iShares MBS ETF makes up 1.6% of Invst LLC’s portfolio, making the stock its 17th biggest holding. Invst LLC’s holdings in iShares MBS ETF were worth $13,461,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in MBB. Bank of America Corp DE grew its position in shares of iShares MBS ETF by 2.5% in the fourth quarter. Bank of America Corp DE now owns 75,986,265 shares of the company’s stock valued at $6,966,421,000 after purchasing an additional 1,826,521 shares during the period. JPMorgan Chase & Co. grew its position in shares of iShares MBS ETF by 49.2% in the fourth quarter. JPMorgan Chase & Co. now owns 51,720,881 shares of the company’s stock valued at $4,741,789,000 after purchasing an additional 17,056,138 shares during the period. Envestnet Asset Management Inc. grew its position in shares of iShares MBS ETF by 4.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 28,770,337 shares of the company’s stock valued at $2,637,664,000 after purchasing an additional 1,336,608 shares during the period. LPL Financial LLC grew its position in shares of iShares MBS ETF by 13.9% in the fourth quarter. LPL Financial LLC now owns 21,858,016 shares of the company’s stock valued at $2,003,943,000 after purchasing an additional 2,668,319 shares during the period. Finally, Fisher Asset Management LLC grew its position in shares of iShares MBS ETF by 7.9% in the fourth 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. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.3%

Shares of NASDAQ:MBB opened at $91.82 on Friday. iShares MBS ETF has a 52 week low of $90.03 and a 52 week high of $96.76. The business has a fifty day simple moving average of $92.78 and a 200-day simple moving average of $92.55.

iShares MBS ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were given a $0.3255 dividend. The ex-dividend date of this dividend was Thursday, May 1st. This represents a $3.91 dividend on an annualized basis and a dividend yield of 4.25%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.31.

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).