Envestnet Asset Management Inc. Grows Stock Holdings in iShares MBS ETF $MBB

Envestnet Asset Management Inc. raised its holdings in iShares MBS ETF (NASDAQ:MBB) by 6.9% in the 2nd quarter, HoldingsChannel reports. The fund owned 30,910,875 shares of the company’s stock after acquiring an additional 2,006,656 shares during the period. Envestnet Asset Management Inc. owned approximately 0.07% of iShares MBS ETF worth $2,921,648,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Ferguson Wellman Capital Management Inc. acquired a new stake in shares of iShares MBS ETF during the first quarter worth $138,835,000. LPL Financial LLC lifted its position in iShares MBS ETF by 4.1% during the fourth quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock worth $2,656,940,000 after buying an additional 1,104,895 shares during the period. TIAA Trust National Association boosted its stake in iShares MBS ETF by 2.5% in the 4th quarter. TIAA Trust National Association now owns 26,010,786 shares of the company’s stock worth $2,479,899,000 after buying an additional 646,390 shares during the last quarter. Rodgers & Associates LTD acquired a new stake in iShares MBS ETF in the 2nd quarter worth about $37,987,000. Finally, Tsfg LLC purchased a new stake in iShares MBS ETF in the 2nd quarter valued at about $9,505,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 1.0%

Shares of NASDAQ MBB traded down $0.92 on Wednesday, reaching $90.53. 12,659,670 shares of the company traded hands, compared to its average volume of 2,897,865. iShares MBS ETF has a fifty-two week low of $90.28 and a fifty-two week high of $96.96. The company has a 50 day moving average of $92.85 and a 200 day moving average of $93.96.

iShares MBS ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were issued a $0.3388 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Tuesday, September 1st.

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). 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).