Allworth Financial LP Buys 91,900 Shares of iShares MBS ETF $MBB

Allworth Financial LP raised its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 3.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 3,193,216 shares of the company’s stock after buying an additional 91,900 shares during the quarter. iShares MBS ETF makes up about 1.3% of Allworth Financial LP’s holdings, making the stock its 11th largest holding. Allworth Financial LP’s holdings in iShares MBS ETF were worth $303,835,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of MBB. Bank of America Corp DE grew its holdings in shares of iShares MBS ETF by 11.8% in the third quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock worth $6,840,878,000 after acquiring an additional 7,566,099 shares during the period. JPMorgan Chase & Co. lifted its holdings in iShares MBS ETF by 2.3% in 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 during the period. Envestnet Asset Management Inc. lifted its holdings in iShares MBS ETF by 2.7% in 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 during the period. TIAA Trust National Association boosted its position 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 worth $2,413,954,000 after purchasing an additional 1,399,487 shares during the last quarter. Finally, Fisher Asset Management LLC boosted its position 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 worth $2,141,246,000 after purchasing an additional 1,206,273 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $94.98 on Thursday. iShares MBS ETF has a 52-week low of $90.84 and a 52-week high of $96.96. The business has a 50-day simple moving average of $95.76 and a two-hundred day simple moving average of $95.46.

iShares MBS ETF Cuts Dividend

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