iShares MBS ETF (NASDAQ:MBB) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 18.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,664,743 shares of the company’s stock after purchasing an additional 5,521,374 shares during the period. JPMorgan Chase & Co. owned about 9.64% of iShares MBS ETF worth $3,321,229,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Strategic Blueprint LLC raised its holdings in shares of iShares MBS ETF by 0.6% in the 3rd quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock valued at $1,792,000 after buying an additional 116 shares during the period. Cypress Wealth Services LLC boosted its holdings in iShares MBS ETF by 0.3% in the 3rd quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock valued at $4,463,000 after purchasing an additional 120 shares in the last quarter. Savvy Advisors Inc. grew its position in iShares MBS ETF by 4.3% during the third quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock worth $280,000 after buying an additional 121 shares during the period. Delos Wealth Advisors LLC increased its holdings in iShares MBS ETF by 4.3% during the 3rd quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock valued at $281,000 after acquiring an additional 121 shares in the last quarter. Finally, Lodestar Private Asset Management LLC boosted its stake in shares of iShares MBS ETF by 0.6% during the 3rd quarter. Lodestar Private Asset Management LLC now owns 20,693 shares of the company’s stock worth $1,983,000 after purchasing an additional 131 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.2 %

Shares of MBB stock traded up $0.18 during trading hours on Thursday, reaching $91.48. The stock had a trading volume of 2,013,781 shares, compared to its average volume of 2,433,517. The firm has a 50-day simple moving average of $92.84 and a 200-day simple moving average of $93.69. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a $0.2944 dividend. The ex-dividend date was Wednesday, December 18th.

About iShares MBS ETF

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).