LVW Advisors LLC Buys 532 Shares of iShares MBS ETF (NASDAQ:MBB)

LVW Advisors LLC boosted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 0.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 75,579 shares of the company’s stock after acquiring an additional 532 shares during the period. iShares MBS ETF accounts for about 0.8% of LVW Advisors LLC’s portfolio, making the stock its 24th biggest position. LVW Advisors LLC’s holdings in iShares MBS ETF were worth $6,929,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MBB. JPMorgan Chase & Co. lifted its holdings in shares of iShares MBS ETF by 18.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock worth $3,321,229,000 after acquiring an additional 5,521,374 shares during the period. Fisher Asset Management LLC raised its position in iShares MBS ETF by 8.3% during the third quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock valued at $1,750,027,000 after purchasing an additional 1,404,263 shares in the last quarter. LPL Financial LLC lifted its stake in iShares MBS ETF by 6.3% during the third quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock worth $1,838,565,000 after purchasing an additional 1,138,182 shares during the last quarter. Hilton Capital Management LLC acquired a new stake in shares of iShares MBS ETF in the 3rd quarter valued at $88,586,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of iShares MBS ETF by 696.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 804,598 shares of the company’s stock valued at $77,089,000 after purchasing an additional 703,598 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Trading Down 0.1 %

MBB stock opened at $91.59 on Monday. The company has a 50 day simple moving average of $92.23 and a 200 day simple moving average of $93.61. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.2944 per share. The ex-dividend date of this dividend 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).