Envestnet Asset Management Inc. Increases Stock Position in iShares MBS ETF $MBB

Envestnet Asset Management Inc. grew its holdings in iShares MBS ETF (NASDAQ:MBB) by 6.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,910,875 shares of the company’s stock after purchasing an additional 2,006,656 shares during the quarter. Envestnet Asset Management Inc. owned approximately 7.26% of iShares MBS ETF worth $2,921,648,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of MBB. Ferguson Wellman Capital Management Inc. purchased a new stake in iShares MBS ETF in the 1st quarter valued at approximately $138,835,000. LPL Financial LLC increased its position in iShares MBS ETF by 4.1% during the fourth quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock worth $2,656,940,000 after buying an additional 1,104,895 shares in the last quarter. TIAA Trust National Association raised its holdings in shares of iShares MBS ETF by 2.5% in the fourth quarter. TIAA Trust National Association now owns 26,010,786 shares of the company’s stock worth $2,479,899,000 after acquiring an additional 646,390 shares during the last quarter. Rodgers & Associates LTD purchased a new stake in shares of iShares MBS ETF in the second quarter valued at $37,987,000. Finally, Tsfg LLC purchased a new stake in shares of iShares MBS ETF in the second quarter valued at $9,505,000. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Down 1.0%

Shares of MBB traded down $0.92 during trading hours on Wednesday, reaching $90.53. 12,659,670 shares of the company traded hands, compared to its average volume of 2,897,865. The stock has a fifty day simple moving average of $92.85 and a 200 day simple moving average of $93.96. iShares MBS ETF has a fifty-two week low of $90.28 and a fifty-two week high of $96.96.

iShares MBS ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.3388 per share. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Tuesday, September 1st.

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). 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).