Quadrant Private Wealth Management LLC Boosts Stake in iShares MBS ETF (NASDAQ:MBB)

Quadrant Private Wealth Management LLC grew its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 11.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,853 shares of the company’s stock after purchasing an additional 2,323 shares during the period. Quadrant Private Wealth Management LLC’s holdings in iShares MBS ETF were worth $2,003,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in MBB. JPMorgan Chase & Co. raised its stake in iShares MBS ETF by 18.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock worth $3,321,229,000 after acquiring an additional 5,521,374 shares during the last quarter. LPL Financial LLC raised its stake in iShares MBS ETF by 6.3% in the 3rd 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. Fisher Asset Management LLC raised its stake in iShares MBS ETF by 8.3% in the 3rd quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock worth $1,750,027,000 after acquiring an additional 1,404,263 shares during the last quarter. Stifel Financial Corp raised its stake in iShares MBS ETF by 0.8% in the 3rd quarter. Stifel Financial Corp now owns 3,550,412 shares of the company’s stock worth $340,165,000 after acquiring an additional 27,441 shares during the last quarter. Finally, Allworth Financial LP grew its position in iShares MBS ETF by 2.4% during the 3rd quarter. Allworth Financial LP now owns 3,069,901 shares of the company’s stock worth $294,127,000 after purchasing an additional 71,046 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.4 %

Shares of MBB opened at $92.43 on Friday. The business’s 50-day moving average is $91.87 and its two-hundred day moving average is $93.50. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76.

iShares MBS ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.3414 per share. This is an increase from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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).