Rothschild Wealth LLC Has $11.22 Million Stake in iShares MBS ETF $MBB

Rothschild Wealth LLC lifted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 11.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 117,783 shares of the company’s stock after purchasing an additional 11,852 shares during the quarter. iShares MBS ETF accounts for 1.3% of Rothschild Wealth LLC’s investment portfolio, making the stock its 17th largest holding. Rothschild Wealth LLC’s holdings in iShares MBS ETF were worth $11,215,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Bank of America Corp DE raised its position in iShares MBS ETF by 11.8% in the 3rd quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock valued at $6,840,878,000 after buying an additional 7,566,099 shares during the last quarter. JPMorgan Chase & Co. raised its position in iShares MBS ETF by 2.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock valued at $4,917,131,000 after buying an additional 1,182,620 shares during the last quarter. Envestnet Asset Management Inc. raised its position in iShares MBS ETF by 2.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 27,494,519 shares of the company’s stock valued at $2,616,104,000 after buying an additional 727,070 shares during the last quarter. TIAA Trust National Association increased its position in shares of iShares MBS ETF by 5.8% during the 3rd quarter. TIAA Trust National Association now owns 25,364,396 shares of the company’s stock valued at $2,413,954,000 after purchasing an additional 1,399,487 shares during the last quarter. Finally, Fisher Asset Management LLC increased its position in shares of iShares MBS ETF by 5.7% during the 3rd quarter. Fisher Asset Management LLC now owns 22,503,900 shares of the company’s stock valued at $2,141,246,000 after purchasing an additional 1,206,273 shares during the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 0.0%

Shares of iShares MBS ETF stock opened at $94.75 on Monday. iShares MBS ETF has a 1 year low of $91.56 and a 1 year high of $96.96. The stock has a fifty day moving average price of $94.65 and a 200-day moving average price of $95.24.

iShares MBS ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a dividend of $0.3346 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 4.2%.

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).