iShares MBS ETF $MBB Shares Sold by Tortoise Investment Management LLC

Tortoise Investment Management LLC lowered its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 28.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,002 shares of the company’s stock after selling 14,884 shares during the quarter. Tortoise Investment Management LLC’s holdings in iShares MBS ETF were worth $3,523,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in MBB. Bank of America Corp DE grew its position in shares of iShares MBS ETF by 11.8% during the third quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock worth $6,840,878,000 after buying an additional 7,566,099 shares in the last quarter. Barclays PLC grew its position in shares of iShares MBS ETF by 77.1% during the third quarter. Barclays PLC now owns 7,632,784 shares of the company’s stock worth $726,259,000 after buying an additional 3,322,737 shares in the last quarter. TIAA Trust National Association grew its position in shares of iShares MBS ETF by 5.8% during the third quarter. TIAA Trust National Association now owns 25,364,396 shares of the company’s stock worth $2,413,954,000 after buying an additional 1,399,487 shares in the last quarter. Fisher Asset Management LLC grew its position in shares of iShares MBS ETF by 5.7% during the third quarter. Fisher Asset Management LLC now owns 22,503,900 shares of the company’s stock worth $2,141,246,000 after buying an additional 1,206,273 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of iShares MBS ETF by 2.3% during the third quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock worth $4,917,131,000 after buying an additional 1,182,620 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

MBB stock opened at $93.49 on Tuesday. iShares MBS ETF has a twelve month low of $91.19 and a twelve month high of $96.96. The firm has a 50 day simple moving average of $94.86 and a 200-day simple moving average of $95.31.

iShares MBS ETF Dividend Announcement

The business also recently declared 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) dividend on an annualized basis and a dividend yield of 4.3%.

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).