Diversify Wealth Management LLC Increases Position in iShares MBS ETF $MBB

Diversify Wealth Management LLC increased its position in iShares MBS ETF (NASDAQ:MBB) by 81.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 73,404 shares of the company’s stock after acquiring an additional 32,890 shares during the period. Diversify Wealth Management LLC’s holdings in iShares MBS ETF were worth $6,945,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MBB. Bank of America Corp DE raised its stake 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 purchasing an additional 7,566,099 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of iShares MBS ETF by 4.1% during the fourth quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock worth $2,656,940,000 after purchasing an additional 1,104,895 shares during the period. TIAA Trust National Association boosted its position in iShares MBS ETF by 2.5% in the fourth quarter. TIAA Trust National Association now owns 26,010,786 shares of the company’s stock valued at $2,479,899,000 after buying an additional 646,390 shares during the last quarter. Ameriprise Financial Inc. boosted its position in iShares MBS ETF by 2.0% in the third quarter. Ameriprise Financial Inc. now owns 14,290,044 shares of the company’s stock valued at $1,357,703,000 after buying an additional 284,484 shares during the last quarter. Finally, Morgan Stanley increased its holdings in 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 buying an additional 383,629 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

MBB opened at $93.72 on Monday. iShares MBS ETF has a 12-month low of $92.40 and a 12-month high of $96.96. The firm has a 50 day moving average of $94.26 and a two-hundred day moving average of $95.01.

iShares MBS ETF Dividend Announcement

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

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).