Colton Groome Financial Advisors LLC Has $604,000 Stock Position in iShares MBS ETF $MBB

Colton Groome Financial Advisors LLC decreased its position in iShares MBS ETF (NASDAQ:MBB) by 58.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,348 shares of the company’s stock after selling 8,822 shares during the period. Colton Groome Financial Advisors LLC’s holdings in iShares MBS ETF were worth $604,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE grew its holdings in shares of iShares MBS ETF by 11.8% in the 3rd quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock valued at $6,840,878,000 after buying an additional 7,566,099 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of iShares MBS ETF by 2.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock valued at $4,917,131,000 after buying an additional 1,182,620 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of iShares MBS ETF by 2.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 27,494,519 shares of the company’s stock valued at $2,616,104,000 after buying an additional 727,070 shares during the period. TIAA Trust National Association grew its holdings in shares of iShares MBS ETF by 5.8% in the 3rd quarter. TIAA Trust National Association now owns 25,364,396 shares of the company’s stock valued at $2,413,954,000 after buying an additional 1,399,487 shares during the period. Finally, Fisher Asset Management LLC grew its holdings in shares of iShares MBS ETF by 5.7% in the 3rd quarter. Fisher Asset Management LLC now owns 22,503,900 shares of the company’s stock valued at $2,141,246,000 after buying an additional 1,206,273 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB stock opened at $94.75 on Monday. iShares MBS ETF has a 12-month low of $91.56 and a 12-month high of $96.96. The firm has a fifty day moving average of $94.65 and a 200-day moving average of $95.24.

iShares MBS ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a $0.3346 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.2%.

iShares MBS ETF 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). 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).