Constellation Investments Inc. Takes Position in iShares MBS ETF (NASDAQ:MBB)

Constellation Investments Inc. bought a new position in shares of iShares MBS ETF (NASDAQ:MBB) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 548,000 shares of the company’s stock, valued at approximately $50,241,000. iShares MBS ETF comprises approximately 2.3% of Constellation Investments Inc.’s holdings, making the stock its 10th largest position. Constellation Investments Inc. owned 0.14% of iShares MBS ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake 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 acquiring an additional 5,521,374 shares during the period. Fisher Asset Management LLC increased its holdings 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 purchasing an additional 1,404,263 shares during the last quarter. LPL Financial LLC raised its position 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 valued at $1,838,565,000 after purchasing an additional 1,138,182 shares during the period. Hilton Capital Management LLC acquired a new stake in shares of iShares MBS ETF during the 3rd quarter worth about $88,586,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of 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 worth $77,089,000 after buying an additional 703,598 shares during the period. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Down 0.2 %

Shares of MBB opened at $92.18 on Monday. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76. The firm’s 50-day simple moving average is $92.00 and its 200 day simple moving average is $93.53.

iShares MBS ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.3414 dividend. This is an increase from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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).