iShares MBS ETF (NASDAQ:MBB) Position Increased by Pinion Investment Advisors LLC

Pinion Investment Advisors LLC lifted its holdings in iShares MBS ETF (NASDAQ:MBB) by 55.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 8,118 shares of the company’s stock after buying an additional 2,887 shares during the quarter. Pinion Investment Advisors LLC’s holdings in iShares MBS ETF were worth $744,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. JPMorgan Chase & Co. lifted its stake in iShares MBS ETF by 18.9% in the third 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 last quarter. Fisher Asset Management LLC increased its holdings in shares of iShares MBS ETF by 7.9% in the 4th quarter. Fisher Asset Management LLC now owns 19,701,940 shares of the company’s stock worth $1,806,274,000 after acquiring an additional 1,436,342 shares during the period. LPL Financial LLC lifted its position 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 valued at $1,838,565,000 after purchasing an additional 1,138,182 shares during the last quarter. Proficio Capital Partners LLC boosted its stake in iShares MBS ETF by 9,869.1% during the 4th quarter. Proficio Capital Partners LLC now owns 5,498,469 shares of the company’s stock valued at $504,100,000 after purchasing an additional 5,443,314 shares during the period. Finally, Stifel Financial Corp grew its position 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 purchasing an additional 27,441 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Down 0.2 %

MBB opened at $93.89 on Tuesday. The business’s 50 day moving average is $91.98 and its 200-day moving average is $93.38. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.3204 per share. The ex-dividend date is Monday, March 3rd.

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).