Trust Point Inc. Buys 6,113 Shares of iShares MBS ETF (NASDAQ:MBB)

Trust Point Inc. boosted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 263.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 8,436 shares of the company’s stock after acquiring an additional 6,113 shares during the quarter. Trust Point Inc.’s holdings in iShares MBS ETF were worth $773,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in MBB. JPMorgan Chase & Co. raised its position 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 valued at $3,321,229,000 after purchasing an additional 5,521,374 shares during the period. Fisher Asset Management LLC lifted its position in shares of iShares MBS ETF by 8.3% in 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 in the last quarter. LPL Financial LLC boosted its stake in shares of iShares MBS ETF by 6.3% in the third quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock worth $1,838,565,000 after acquiring an additional 1,138,182 shares during the period. Hilton Capital Management LLC purchased a new stake in shares of iShares MBS ETF during the third quarter worth about $88,586,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in iShares MBS ETF by 696.6% during 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 period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB stock opened at $91.97 on Wednesday. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76. The business has a 50 day simple moving average of $92.11 and a two-hundred day simple moving average of $93.55.

iShares MBS ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be paid a dividend of $0.3414 per share. This is a boost from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date of this dividend is Monday, February 3rd.

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).