iShares MBS ETF (NASDAQ:MBB) Stock Position Reduced by Horizon Family Wealth Inc.

Horizon Family Wealth Inc. decreased its stake in iShares MBS ETF (NASDAQ:MBBFree Report) by 2.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,800 shares of the company’s stock after selling 759 shares during the quarter. iShares MBS ETF makes up about 2.5% of Horizon Family Wealth Inc.’s holdings, making the stock its 9th biggest position. Horizon Family Wealth Inc.’s holdings in iShares MBS ETF were worth $2,992,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of MBB. JPMorgan Chase & Co. raised its position in iShares MBS ETF by 11.1% during the third quarter. JPMorgan Chase & Co. now owns 27,285,852 shares of the company’s stock valued at $2,422,987,000 after acquiring an additional 2,719,637 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of iShares MBS ETF by 9.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 13,314,589 shares of the company’s stock valued at $1,182,679,000 after purchasing an additional 1,158,175 shares during the last quarter. Charles Schwab Investment Advisory Inc. boosted its holdings in iShares MBS ETF by 25.3% in the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 5,460,902 shares of the company’s stock worth $513,762,000 after purchasing an additional 1,102,208 shares in the last quarter. Stifel Financial Corp increased its position in iShares MBS ETF by 12.6% during the third quarter. Stifel Financial Corp now owns 3,121,046 shares of the company’s stock worth $277,150,000 after buying an additional 350,293 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in iShares MBS ETF by 4.5% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,627,529 shares of the company’s stock valued at $247,198,000 after buying an additional 112,072 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB traded up $0.75 during trading hours on Wednesday, hitting $92.03. 2,133,082 shares of the company were exchanged, compared to its average volume of 2,646,678. The firm’s 50 day moving average is $91.14 and its 200-day moving average is $91.56. iShares MBS ETF has a 52 week low of $85.28 and a 52 week high of $94.55.

iShares MBS ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were given a dividend of $0.2823 per share. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $3.39 dividend on an annualized basis and a yield of 3.68%.

iShares MBS ETF Company Profile

(Free Report)

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).

See Also

Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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