Principal Securities Inc. raised its stake in iShares MBS ETF (NASDAQ:MBB – Free Report) by 20.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 279,584 shares of the company’s stock after purchasing an additional 47,761 shares during the period. Principal Securities Inc. owned 0.07% of iShares MBS ETF worth $26,622,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE increased its position in shares of 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 in the last quarter. JPMorgan Chase & Co. grew its stake in 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 purchasing an additional 1,182,620 shares during the period. LPL Financial LLC grew its position in shares of iShares MBS ETF by 4.1% during 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 period. TIAA Trust National Association grew its stake 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 worth $2,479,899,000 after acquiring an additional 646,390 shares during the period. Finally, Fisher Asset Management LLC grew its stake in shares of iShares MBS ETF by 5.7% during the 3rd quarter. Fisher Asset Management LLC now owns 22,503,900 shares of the company’s stock worth $2,141,246,000 after acquiring an additional 1,206,273 shares during the period. Institutional investors own 91.70% of the company’s stock.
iShares MBS ETF Stock Performance
Shares of NASDAQ MBB opened at $94.52 on Friday. iShares MBS ETF has a 52 week low of $92.38 and a 52 week high of $96.96. The business has a 50-day simple moving average of $94.57 and a two-hundred day simple moving average of $95.16.
iShares MBS ETF Cuts 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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