LPL Financial LLC Raises Stake in iShares MBS ETF (NASDAQ:MBB)

LPL Financial LLC boosted its position in iShares MBS ETF (NASDAQ:MBB) by 13.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,858,016 shares of the company’s stock after buying an additional 2,668,319 shares during the period. iShares MBS ETF makes up approximately 0.8% of LPL Financial LLC’s investment portfolio, making the stock its 20th largest holding. LPL Financial LLC owned 0.06% of iShares MBS ETF worth $2,003,943,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Ignite Planners LLC boosted its position in iShares MBS ETF by 4.9% in the 4th quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock worth $226,000 after purchasing an additional 115 shares in the last quarter. Delos Wealth Advisors LLC boosted its position in iShares MBS ETF by 4.3% in the 3rd quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock worth $281,000 after purchasing an additional 121 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its position in iShares MBS ETF by 18.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 794 shares of the company’s stock worth $73,000 after purchasing an additional 125 shares in the last quarter. Hobbs Group Advisors LLC boosted its position in iShares MBS ETF by 115.5% in the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after purchasing an additional 149 shares in the last quarter. Finally, WMG Financial Advisors LLC boosted its position in iShares MBS ETF by 4.3% in the 4th quarter. WMG Financial Advisors LLC now owns 3,692 shares of the company’s stock worth $338,000 after purchasing an additional 152 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $93.55 on Friday. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76. The stock’s 50 day simple moving average is $92.53 and its two-hundred day simple moving average is $93.20.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.3204 dividend. 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).