iShares MBS ETF $MBB Shares Bought by Beacon Financial Group

Beacon Financial Group increased its stake in iShares MBS ETF (NASDAQ:MBB) by 7.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,454 shares of the company’s stock after acquiring an additional 6,506 shares during the period. iShares MBS ETF makes up approximately 0.9% of Beacon Financial Group’s investment portfolio, making the stock its 28th biggest position. Beacon Financial Group’s holdings in iShares MBS ETF were worth $8,684,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Bank of America Corp DE grew its holdings in iShares MBS ETF by 11.8% during 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. LPL Financial LLC lifted its holdings in iShares MBS ETF by 4.1% in the 4th quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock valued at $2,656,940,000 after acquiring an additional 1,104,895 shares during the last quarter. TIAA Trust National Association boosted its position in shares of iShares MBS ETF by 2.5% during the 4th quarter. TIAA Trust National Association now owns 26,010,786 shares of the company’s stock valued at $2,479,899,000 after purchasing an additional 646,390 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of iShares MBS ETF by 2.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 14,290,044 shares of the company’s stock valued at $1,357,703,000 after purchasing an additional 284,484 shares in the last quarter. Finally, Morgan Stanley grew its stake in shares of iShares MBS ETF by 4.1% in the 4th quarter. Morgan Stanley now owns 9,852,362 shares of the company’s stock worth $938,142,000 after purchasing an additional 383,629 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.1%

Shares of MBB opened at $93.82 on Friday. The firm’s 50 day moving average is $94.27 and its 200-day moving average is $95.02. iShares MBS ETF has a 12-month low of $92.40 and a 12-month high of $96.96.

iShares MBS ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a $0.3373 dividend. The ex-dividend date was Wednesday, July 1st.

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).