JPMorgan Chase & Co. Acquires 17,056,138 Shares of iShares MBS ETF (NASDAQ:MBB)

JPMorgan Chase & Co. lifted its holdings in iShares MBS ETF (NASDAQ:MBB) by 49.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 51,720,881 shares of the company’s stock after acquiring an additional 17,056,138 shares during the period. JPMorgan Chase & Co. owned 13.05% of iShares MBS ETF worth $4,741,789,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC raised its position in iShares MBS ETF by 13.9% in the 4th quarter. LPL Financial LLC now owns 21,858,016 shares of the company’s stock worth $2,003,943,000 after purchasing an additional 2,668,319 shares during the period. Fisher Asset Management LLC grew its stake in shares of iShares MBS ETF by 7.9% during the fourth quarter. Fisher Asset Management LLC now owns 19,701,940 shares of the company’s stock valued at $1,806,274,000 after buying an additional 1,436,342 shares during the last quarter. Proficio Capital Partners LLC raised its holdings in shares of iShares MBS ETF by 9,869.1% in the fourth quarter. Proficio Capital Partners LLC now owns 5,498,469 shares of the company’s stock worth $504,100,000 after buying an additional 5,443,314 shares during the period. TIAA Trust National Association lifted its stake in shares of iShares MBS ETF by 10.8% during the 4th quarter. TIAA Trust National Association now owns 5,392,178 shares of the company’s stock worth $494,355,000 after acquiring an additional 524,695 shares during the last quarter. Finally, Stifel Financial Corp boosted its holdings in 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 acquiring an additional 27,441 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.1 %

Shares of iShares MBS ETF stock opened at $93.12 on Thursday. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76. The stock’s fifty day moving average is $92.67 and its two-hundred day moving average is $93.15.

iShares MBS ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.3204 dividend. The ex-dividend date of this dividend was Monday, March 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).