Bristlecone Advisors LLC Buys 8,387 Shares of iShares MBS ETF (NASDAQ:MBB)

Bristlecone Advisors LLC raised its position in shares of iShares MBS ETF (NASDAQ:MBB) by 100.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,708 shares of the company’s stock after purchasing an additional 8,387 shares during the period. Bristlecone Advisors LLC’s holdings in iShares MBS ETF were worth $1,532,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of MBB. JPMorgan Chase & Co. raised its holdings in iShares MBS ETF by 18.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock valued at $3,321,229,000 after acquiring an additional 5,521,374 shares during the period. LPL Financial LLC grew its position 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 valued at $1,838,565,000 after purchasing an additional 1,138,182 shares in the last quarter. Fisher Asset Management LLC raised its stake in shares of iShares MBS ETF by 8.3% during 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 purchasing an additional 1,404,263 shares during the period. Stifel Financial Corp lifted its holdings in iShares MBS ETF by 0.8% during the 3rd quarter. Stifel Financial Corp now owns 3,550,412 shares of the company’s stock worth $340,165,000 after purchasing an additional 27,441 shares in the last quarter. Finally, Allworth Financial LP boosted its stake in iShares MBS ETF by 2.4% in the 3rd 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 during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 0.2 %

MBB stock opened at $92.18 on Monday. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76. The stock has a 50-day simple moving average of $92.00 and a two-hundred day simple moving average of $93.53.

iShares MBS ETF Increases Dividend

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

About iShares MBS ETF

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).