LexAurum Advisors LLC Has $844,000 Position in iShares MBS ETF (NASDAQ:MBB)

LexAurum Advisors LLC grew its position in shares of iShares MBS ETF (NASDAQ:MBB) by 5.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,205 shares of the company’s stock after purchasing an additional 488 shares during the quarter. LexAurum Advisors LLC’s holdings in iShares MBS ETF were worth $844,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in MBB. JPMorgan Chase & Co. raised its holdings in iShares MBS ETF by 18.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock valued at $3,321,229,000 after buying an additional 5,521,374 shares during the last quarter. LPL Financial LLC increased its position in iShares MBS ETF by 6.3% in the 3rd quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock valued at $1,838,565,000 after acquiring an additional 1,138,182 shares during the period. Fisher Asset Management LLC raised its stake in shares of 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 acquiring an additional 1,404,263 shares during the last quarter. Stifel Financial Corp raised its stake in shares of iShares MBS ETF by 0.8% during the third quarter. Stifel Financial Corp now owns 3,550,412 shares of the company’s stock valued at $340,165,000 after acquiring an additional 27,441 shares during the last quarter. Finally, Allworth Financial LP lifted its holdings in shares of iShares MBS ETF by 2.4% during the third quarter. Allworth Financial LP now owns 3,069,901 shares of the company’s stock worth $294,127,000 after purchasing an additional 71,046 shares during the period. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

NASDAQ MBB opened at $91.53 on Friday. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76. The stock has a fifty day simple moving average of $92.18 and a 200 day simple moving average of $93.59.

iShares MBS ETF Cuts Dividend

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

iShares MBS ETF 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).