Fisher Asset Management LLC Sells 21,448,046 Shares of iShares MBS ETF $MBB

Fisher Asset Management LLC lessened its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 95.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,055,854 shares of the company’s stock after selling 21,448,046 shares during the period. Fisher Asset Management LLC’s holdings in iShares MBS ETF were worth $100,539,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Westover Capital Advisors LLC grew its holdings in iShares MBS ETF by 5.5% during the fourth quarter. Westover Capital Advisors LLC now owns 118,851 shares of the company’s stock valued at $11,317,000 after purchasing an additional 6,188 shares during the period. Churchill Financial Advisors LLC bought a new position in shares of iShares MBS ETF in the fourth quarter worth about $240,000. Narus Financial Partners LLC boosted its stake in shares of iShares MBS ETF by 5.9% in the fourth quarter. Narus Financial Partners LLC now owns 7,522 shares of the company’s stock worth $716,000 after acquiring an additional 422 shares during the period. LifePlan Investment Advisors Inc. boosted its stake in shares of iShares MBS ETF by 6.6% in the fourth quarter. LifePlan Investment Advisors Inc. now owns 19,327 shares of the company’s stock worth $1,840,000 after acquiring an additional 1,193 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of iShares MBS ETF by 2.3% in the fourth quarter. EverSource Wealth Advisors LLC now owns 112,863 shares of the company’s stock worth $10,747,000 after acquiring an additional 2,573 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $94.08 on Tuesday. The business has a 50-day moving average price of $94.70 and a 200-day moving average price of $95.26. iShares MBS ETF has a twelve month low of $91.56 and a twelve month high of $96.96.

iShares MBS ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were paid a $0.3346 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

iShares MBS ETF Company 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).