Jones Financial Companies Lllp Has $2.69 Million Position in iShares MBS ETF (NASDAQ:MBB)

Jones Financial Companies Lllp trimmed its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 0.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 29,380 shares of the company’s stock after selling 115 shares during the quarter. Jones Financial Companies Lllp’s holdings in iShares MBS ETF were worth $2,694,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Principal Financial Group Inc. bought a new position in iShares MBS ETF in the third quarter valued at about $289,000. Kestra Investment Management LLC increased its stake in shares of iShares MBS ETF by 265.9% in the third quarter. Kestra Investment Management LLC now owns 249,363 shares of the company’s stock valued at $23,891,000 after buying an additional 181,210 shares during the period. Fifth Third Bancorp raised its holdings in iShares MBS ETF by 272.8% in the 4th quarter. Fifth Third Bancorp now owns 1,633 shares of the company’s stock valued at $150,000 after buying an additional 1,195 shares during the last quarter. Cerity Partners LLC boosted its position in iShares MBS ETF by 0.5% during the 3rd quarter. Cerity Partners LLC now owns 39,068 shares of the company’s stock worth $3,743,000 after buying an additional 206 shares during the period. Finally, Cobblestone Capital Advisors LLC NY grew its holdings in iShares MBS ETF by 2.0% during the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 24,696 shares of the company’s stock worth $2,366,000 after acquiring an additional 495 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $93.22 on Thursday. The firm has a 50 day moving average price of $92.06 and a two-hundred day moving average price of $93.37. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be given a dividend of $0.3204 per share. The ex-dividend date of this dividend is 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).