iShares MBS ETF (NASDAQ:MBB) Stock Position Lifted by Focus Financial Network Inc.

Focus Financial Network Inc. lifted its position in iShares MBS ETF (NASDAQ:MBB) by 7.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,239 shares of the company’s stock after acquiring an additional 3,012 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares MBS ETF were worth $4,056,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. boosted its holdings in iShares MBS ETF by 18.9% in the third quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock worth $3,321,229,000 after purchasing an additional 5,521,374 shares during the period. LPL Financial LLC boosted its holdings in shares of 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 buying an additional 1,138,182 shares during the period. Fisher Asset Management LLC boosted its holdings in shares of iShares MBS ETF by 8.3% in the 3rd quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock valued at $1,750,027,000 after buying an additional 1,404,263 shares during the period. Stifel Financial Corp grew its position in shares of iShares MBS ETF by 0.8% during the 3rd quarter. Stifel Financial Corp now owns 3,550,412 shares of the company’s stock valued at $340,165,000 after buying an additional 27,441 shares during the last quarter. Finally, Allworth Financial LP raised its stake in 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 acquiring an additional 71,046 shares during the period. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

Shares of MBB stock opened at $92.20 on Tuesday. The business has a 50 day moving average of $92.00 and a two-hundred day moving average of $93.54. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76.

iShares MBS ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.3414 per share. The ex-dividend date was Monday, February 3rd. This is a positive change from iShares MBS ETF’s previous dividend of $0.29.

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).