Envestnet Portfolio Solutions Inc. Has $190.76 Million Stock Position in iShares MBS ETF $MBB

Envestnet Portfolio Solutions Inc. raised its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 5.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 2,003,307 shares of the company’s stock after buying an additional 106,813 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares MBS ETF were worth $190,755,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Howe & Rusling Inc. grew its position in iShares MBS ETF by 184.0% in the third quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock valued at $27,000 after purchasing an additional 184 shares in the last quarter. Westfuller Advisors LLC acquired a new position in shares of iShares MBS ETF during the 3rd quarter worth about $33,000. Aventura Private Wealth LLC bought a new position in shares of iShares MBS ETF in the 4th quarter valued at about $35,000. Wealth Watch Advisors INC acquired a new stake in shares of iShares MBS ETF in the third quarter valued at about $35,000. Finally, Dunhill Financial LLC increased its position in shares of iShares MBS ETF by 3,554.5% in the fourth quarter. Dunhill Financial LLC now owns 402 shares of the company’s stock valued at $38,000 after acquiring an additional 391 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of NASDAQ MBB opened at $93.49 on Tuesday. The stock has a 50 day moving average price of $94.86 and a 200 day moving average price of $95.31. iShares MBS ETF has a 52 week low of $91.19 and a 52 week high of $96.96.

iShares MBS ETF Announces Dividend

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

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).