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

FSC Wealth Advisors LLC lifted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 7.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund 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 quarter.

Several other large investors have also modified their holdings of MBB. JPMorgan Chase & Co. raised its stake in shares of iShares MBS ETF by 18.9% during the 3rd 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. Fisher Asset Management LLC grew its holdings 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 acquiring an additional 1,404,263 shares during the period. LPL Financial LLC raised its position 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 acquiring an additional 1,138,182 shares in the last quarter. Hilton Capital Management LLC acquired a new stake in 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 position in shares of iShares MBS ETF by 696.6% during the 3rd 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 purchasing an additional 703,598 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.6 %

Shares of MBB opened at $92.17 on Tuesday. 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 $92.16 and a 200-day simple moving average of $93.59.

iShares MBS ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.2944 dividend. The ex-dividend date was Wednesday, December 18th.

iShares MBS ETF 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).