LPL Financial LLC Raises Stake in iShares MBS ETF $MBB

LPL Financial LLC boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 4.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 27,903,169 shares of the company’s stock after purchasing an additional 1,104,895 shares during the period. iShares MBS ETF makes up 0.7% of LPL Financial LLC’s investment portfolio, making the stock its 22nd largest holding. LPL Financial LLC owned about 0.07% of iShares MBS ETF worth $2,656,940,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. ESL Trust Services LLC purchased a new position in iShares MBS ETF during the 4th quarter worth $28,000. Nemes Rush Group LLC grew its position in iShares MBS ETF by 132.9% during the 4th quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock worth $34,000 after purchasing an additional 206 shares during the last quarter. Aventura Private Wealth LLC acquired a new stake in shares of iShares MBS ETF in the 4th quarter worth $35,000. Wealth Watch Advisors INC acquired a new stake in shares of iShares MBS ETF in the 3rd quarter worth $35,000. Finally, Key Financial Inc lifted its stake in shares of iShares MBS ETF by 96.9% in the 4th quarter. Key Financial Inc now owns 380 shares of the company’s stock worth $36,000 after acquiring an additional 187 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

MBB stock opened at $93.74 on Monday. iShares MBS ETF has a one year low of $91.56 and a one year high of $96.96. The company has a fifty day moving average of $94.60 and a 200-day moving average of $95.20.

iShares MBS ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.3334 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Monday, June 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).