iShares MBS ETF $MBB Stock Holdings Reduced by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC reduced its position in iShares MBS ETF (NASDAQ:MBB) by 40.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 11,062 shares of the company’s stock after selling 7,363 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in iShares MBS ETF were worth $1,054,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE grew its stake in shares of iShares MBS ETF by 2.9% in the 2nd quarter. Bank of America Corp DE now owns 64,329,626 shares of the company’s stock valued at $6,039,909,000 after buying an additional 1,796,449 shares in the last quarter. JPMorgan Chase & Co. raised its position in iShares MBS ETF by 2.3% during the third quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock valued at $4,917,131,000 after acquiring an additional 1,182,620 shares in the last quarter. Envestnet Asset Management Inc. raised its position in iShares MBS ETF by 2.7% during the third quarter. Envestnet Asset Management Inc. now owns 27,494,519 shares of the company’s stock valued at $2,616,104,000 after acquiring an additional 727,070 shares in the last quarter. TIAA Trust National Association lifted its stake in iShares MBS ETF by 5.8% in the third quarter. TIAA Trust National Association now owns 25,364,396 shares of the company’s stock valued at $2,413,954,000 after acquiring an additional 1,399,487 shares during the last quarter. Finally, Fisher Asset Management LLC lifted its stake in iShares MBS ETF by 5.7% in the third quarter. Fisher Asset Management LLC now owns 22,503,900 shares of the company’s stock valued at $2,141,246,000 after acquiring an additional 1,206,273 shares during the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

MBB stock opened at $95.54 on Friday. The firm has a 50 day moving average of $95.77 and a two-hundred day moving average of $95.38. iShares MBS ETF has a 12 month low of $90.84 and a 12 month high of $96.96.

iShares MBS ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.3278 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, March 2nd.

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).