Cambridge Investment Research Advisors Inc. Has $36.44 Million Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Cambridge Investment Research Advisors Inc. trimmed its position in iShares MBS ETF (NASDAQ:MBB) by 2.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 397,496 shares of the company’s stock after selling 9,641 shares during the quarter. Cambridge Investment Research Advisors Inc. owned approximately 0.10% of iShares MBS ETF worth $36,442,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MBB. Wilmington Savings Fund Society FSB bought a new position in shares of iShares MBS ETF in the 3rd quarter worth $119,000. Tidal Investments LLC lifted its stake in iShares MBS ETF by 3.1% in the third quarter. Tidal Investments LLC now owns 13,029 shares of the company’s stock valued at $1,244,000 after buying an additional 389 shares during the period. Franklin Resources Inc. boosted its holdings in iShares MBS ETF by 1.4% during the third quarter. Franklin Resources Inc. now owns 296,709 shares of the company’s stock worth $27,941,000 after buying an additional 4,068 shares during the last quarter. Principal Financial Group Inc. acquired a new position in shares of iShares MBS ETF during the 3rd quarter worth about $289,000. Finally, JPMorgan Chase & Co. increased its stake in shares of iShares MBS ETF by 18.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock valued at $3,321,229,000 after acquiring an additional 5,521,374 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Up 0.4 %

Shares of NASDAQ:MBB opened at $92.80 on Wednesday. The firm’s 50 day simple moving average is $93.10 and its 200 day simple moving average is $92.62. iShares MBS ETF has a fifty-two week low of $90.03 and a fifty-two week high of $96.76.

iShares MBS ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were given a dividend of $0.3255 per share. This represents a $3.91 dividend on an annualized basis and a dividend yield of 4.21%. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Thursday, May 1st.

iShares MBS ETF Company 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).