FSC Wealth Advisors LLC Boosts Holdings in iShares MBS ETF (NASDAQ:MBB)

FSC Wealth Advisors LLC raised its holdings in iShares MBS ETF (NASDAQ:MBB) by 7.9% during the 4th quarter, Holdings Channel reports. The firm owned 5,690 shares of the company’s stock after purchasing an additional 419 shares during the quarter. FSC Wealth Advisors LLC’s holdings in iShares MBS ETF were worth $522,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of MBB. JPMorgan Chase & Co. lifted 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 buying an additional 5,521,374 shares in the last quarter. Fisher Asset Management LLC increased its position in iShares MBS ETF by 8.3% during 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 in the last quarter. LPL Financial LLC raised its holdings 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 last quarter. Hilton Capital Management LLC purchased a new stake in shares of iShares MBS ETF in the third quarter valued at $88,586,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of iShares MBS ETF by 696.6% during 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 valued at $77,089,000 after acquiring an additional 703,598 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

Shares of MBB stock opened at $92.17 on Tuesday. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76. The firm has a 50-day moving average price of $92.16 and a 200 day moving average price of $93.59.

iShares MBS ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.2944 per share. The ex-dividend date was Wednesday, December 18th.

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).