FDx Advisors Inc. Reduces Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

FDx Advisors Inc. lowered its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 2.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,828 shares of the company’s stock after selling 4,311 shares during the period. iShares MBS ETF makes up 4.4% of FDx Advisors Inc.’s investment portfolio, making the stock its 4th largest holding. FDx Advisors Inc.’s holdings in iShares MBS ETF were worth $15,203,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of MBB. JPMorgan Chase & Co. boosted its stake in iShares MBS ETF by 18.9% during the third quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock worth $3,321,229,000 after acquiring an additional 5,521,374 shares in the last quarter. Fisher Asset Management LLC raised its holdings in 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 worth $1,750,027,000 after buying an additional 1,404,263 shares during the last quarter. LPL Financial LLC raised its holdings in 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 buying an additional 1,138,182 shares during the last quarter. Hilton Capital Management LLC purchased a new position in iShares MBS ETF in the third quarter worth about $88,586,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in iShares MBS ETF by 696.6% in the third 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 last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.3 %

Shares of iShares MBS ETF stock opened at $92.38 on Friday. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76. The company has a 50-day simple moving average of $91.76 and a two-hundred day simple moving average of $93.45.

iShares MBS ETF Increases Dividend

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

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).