iShares MBS ETF $MBB Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 2.3% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 51,677,674 shares of the company’s stock after purchasing an additional 1,182,620 shares during the period. JPMorgan Chase & Co. owned about 0.12% of iShares MBS ETF worth $4,917,131,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in MBB. Delos Wealth Advisors LLC acquired a new position in shares of iShares MBS ETF during the 2nd quarter valued at $26,000. Howe & Rusling Inc. increased its holdings in iShares MBS ETF by 184.0% in the 3rd quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock valued at $27,000 after purchasing an additional 184 shares in the last quarter. Tsfg LLC raised its position in iShares MBS ETF by 106.8% in the second quarter. Tsfg LLC now owns 335 shares of the company’s stock valued at $31,000 after purchasing an additional 173 shares during the period. Westfuller Advisors LLC purchased a new position in iShares MBS ETF in the third quarter valued at about $33,000. Finally, Evolution Wealth Management Inc. acquired a new position in shares of iShares MBS ETF during the second quarter worth about $39,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.4%

Shares of NASDAQ MBB opened at $96.55 on Monday. iShares MBS ETF has a 1-year low of $90.84 and a 1-year high of $96.55. The business has a 50-day moving average of $95.44 and a 200-day moving average of $95.12.

iShares MBS ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.3347 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.33.

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). 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).