Kestra Investment Management LLC grew its stake in iShares MBS ETF (NASDAQ:MBB – Free Report) by 7.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 593,590 shares of the company’s stock after acquiring an additional 42,703 shares during the period. iShares MBS ETF accounts for about 1.4% of Kestra Investment Management LLC’s investment portfolio, making the stock its 18th biggest position. Kestra Investment Management LLC owned approximately 0.14% of iShares MBS ETF worth $56,522,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently modified their holdings of the stock. 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 acquiring an additional 7,566,099 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares MBS ETF by 2.3% in the third quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock worth $4,917,131,000 after acquiring an additional 1,182,620 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of 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 worth $2,616,104,000 after acquiring an additional 727,070 shares during the last quarter. TIAA Trust National Association raised its stake in shares of 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 acquiring an additional 1,399,487 shares during the last quarter. Finally, Fisher Asset Management LLC raised its stake in shares of iShares MBS ETF by 5.7% during the third quarter. Fisher Asset Management LLC now owns 22,503,900 shares of the company’s stock worth $2,141,246,000 after buying an additional 1,206,273 shares during the last quarter. 91.70% of the stock is owned by institutional investors.
iShares MBS ETF Price Performance
MBB opened at $94.08 on Tuesday. The firm has a 50 day simple moving average of $94.70 and a 200 day simple moving average of $95.26. iShares MBS ETF has a fifty-two week low of $91.56 and a fifty-two week high of $96.96.
iShares MBS ETF Announces Dividend
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). 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).
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