iShares MBS ETF $MBB Shares Purchased by Ocean Park Asset Management LLC

Ocean Park Asset Management LLC raised its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 1.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 424,335 shares of the company’s stock after acquiring an additional 7,872 shares during the period. iShares MBS ETF makes up 1.9% of Ocean Park Asset Management LLC’s holdings, making the stock its 16th largest position. Ocean Park Asset Management LLC owned approximately 0.10% of iShares MBS ETF worth $40,405,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in shares of iShares MBS ETF by 11.8% during the third quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock valued at $6,840,878,000 after purchasing an additional 7,566,099 shares in the last quarter. JPMorgan Chase & Co. grew its position in iShares MBS ETF by 2.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock valued at $4,917,131,000 after buying an additional 1,182,620 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in iShares MBS ETF by 2.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 27,494,519 shares of the company’s stock valued at $2,616,104,000 after buying an additional 727,070 shares during the period. TIAA Trust National Association increased its stake in iShares MBS ETF by 5.8% during the 3rd quarter. TIAA Trust National Association now owns 25,364,396 shares of the company’s stock valued at $2,413,954,000 after buying an additional 1,399,487 shares during the period. Finally, Fisher Asset Management LLC raised its position in shares of iShares MBS ETF by 5.7% during the 3rd quarter. Fisher Asset Management LLC now owns 22,503,900 shares of the company’s stock worth $2,141,246,000 after buying an additional 1,206,273 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $94.12 on Monday. The company has a 50 day moving average of $95.59 and a 200-day moving average of $95.46. iShares MBS ETF has a twelve month low of $90.84 and a twelve month high of $96.96.

iShares MBS ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a $0.3278 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Monday, March 2nd.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).