MML Investors Services LLC Sells 111,553 Shares of iShares MBS ETF $MBB

MML Investors Services LLC lessened its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 6.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,746,573 shares of the company’s stock after selling 111,553 shares during the quarter. MML Investors Services LLC owned 0.43% of iShares MBS ETF worth $166,309,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Bank of America Corp DE increased its stake in iShares MBS ETF by 11.8% during 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 purchasing an additional 7,566,099 shares in the last quarter. JPMorgan Chase & Co. increased its stake in iShares MBS ETF by 2.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock valued at $4,917,131,000 after purchasing an additional 1,182,620 shares in the last quarter. LPL Financial LLC increased its stake in iShares MBS ETF by 4.1% during the 4th quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock valued at $2,656,940,000 after purchasing an additional 1,104,895 shares in the last quarter. TIAA Trust National Association increased its stake in iShares MBS ETF by 2.5% during the 4th quarter. TIAA Trust National Association now owns 26,010,786 shares of the company’s stock valued at $2,479,899,000 after purchasing an additional 646,390 shares in the last quarter. Finally, Fisher Asset Management LLC increased its stake in 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 in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB stock opened at $94.38 on Monday. The firm has a fifty day simple moving average of $94.56 and a two-hundred day simple moving average of $95.15. iShares MBS ETF has a 12 month low of $92.38 and a 12 month high of $96.96.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a dividend of $0.3334 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Monday, June 1st.

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).