JPMorgan Chase & Co. Increases Stock Holdings in iShares MBS ETF $MBB

JPMorgan Chase & Co. increased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 2.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 51,677,674 shares of the company’s stock after buying an additional 1,182,620 shares during the quarter. JPMorgan Chase & Co. owned about 11.74% of iShares MBS ETF worth $4,917,131,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Delos Wealth Advisors LLC purchased a new position in shares of iShares MBS ETF during the 2nd quarter worth about $26,000. Howe & Rusling Inc. increased its position in iShares MBS ETF by 184.0% during the third quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock worth $27,000 after purchasing an additional 184 shares during the last quarter. Tsfg LLC increased its position in iShares MBS ETF by 106.8% during the second quarter. Tsfg LLC now owns 335 shares of the company’s stock worth $31,000 after purchasing an additional 173 shares during the last quarter. Westfuller Advisors LLC purchased a new position in iShares MBS ETF during the third quarter worth approximately $33,000. Finally, Evolution Wealth Management Inc. acquired a new position in shares of iShares MBS ETF in the 2nd quarter valued at $39,000. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

Shares of NASDAQ MBB opened at $96.55 on Monday. The firm has a fifty day moving average of $95.44 and a 200-day moving average of $95.12. iShares MBS ETF has a 52-week low of $90.84 and a 52-week high of $96.55.

iShares MBS ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.3347 per share. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.33. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date was Monday, February 2nd.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).