Spectrum Planning & Advisory Services Inc. Grows Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Spectrum Planning & Advisory Services Inc. grew its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 61.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,836 shares of the company’s stock after acquiring an additional 14,471 shares during the period. iShares MBS ETF accounts for approximately 3.0% of Spectrum Planning & Advisory Services Inc.’s portfolio, making the stock its 11th largest holding. Spectrum Planning & Advisory Services Inc.’s holdings in iShares MBS ETF were worth $3,469,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in MBB. JPMorgan Chase & Co. raised its position in shares of 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 buying an additional 5,521,374 shares in the last quarter. LPL Financial LLC increased its stake in iShares MBS ETF by 6.3% in the 3rd 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. Fisher Asset Management LLC raised 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 acquiring an additional 1,404,263 shares in the last quarter. Stifel Financial Corp boosted 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 acquiring an additional 27,441 shares during the last quarter. Finally, Allworth Financial LP grew its holdings in shares of 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 purchasing an additional 71,046 shares in the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

Shares of MBB opened at $92.17 on Wednesday. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76. The firm’s 50 day simple moving average is $92.16 and its 200 day simple moving average is $93.59.

iShares MBS ETF Cuts Dividend

The business 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 of this dividend 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).