US Bancorp DE reduced its holdings in shares of iShares MBS ETF (NASDAQ:MBB – Free Report) by 2.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 530,243 shares of the company’s stock after selling 11,843 shares during the period. US Bancorp DE owned about 0.13% of iShares MBS ETF worth $48,613,000 at the end of the most recent quarter.
Other hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in shares of iShares MBS ETF by 18.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock valued at $3,321,229,000 after buying an additional 5,521,374 shares during the period. Fisher Asset Management LLC raised its holdings in 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 acquiring an additional 1,436,342 shares in the last quarter. LPL Financial LLC lifted its stake in iShares MBS ETF by 6.3% in the third quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock worth $1,838,565,000 after acquiring an additional 1,138,182 shares during the last quarter. Proficio Capital Partners LLC lifted its stake in iShares MBS ETF by 9,869.1% in the fourth quarter. Proficio Capital Partners LLC now owns 5,498,469 shares of the company’s stock worth $504,100,000 after acquiring an additional 5,443,314 shares during the last quarter. Finally, Stifel Financial Corp increased its position in shares of iShares MBS ETF by 0.8% in the 3rd quarter. Stifel Financial Corp now owns 3,550,412 shares of the company’s stock valued at $340,165,000 after purchasing an additional 27,441 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.
iShares MBS ETF Stock Performance
Shares of MBB opened at $94.08 on Friday. The firm’s fifty day simple moving average is $91.92 and its 200-day simple moving average is $93.39. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76.
iShares MBS ETF Increases Dividend
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).
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