Janney Montgomery Scott LLC Grows Stake in iShares MBS ETF $MBB

Janney Montgomery Scott LLC grew its holdings in iShares MBS ETF (NASDAQ:MBB) by 3.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,348,803 shares of the company’s stock after acquiring an additional 45,432 shares during the quarter. Janney Montgomery Scott LLC owned about 0.33% of iShares MBS ETF worth $128,433,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Bank of America Corp DE grew 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 worth $6,840,878,000 after buying an additional 7,566,099 shares during the last quarter. Barclays PLC grew its stake in iShares MBS ETF by 77.1% during the 3rd 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 during the last quarter. TIAA Trust National Association grew its stake in iShares MBS ETF by 5.8% during the 3rd 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 during the last quarter. Fisher Asset Management LLC grew 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 worth $2,141,246,000 after buying an additional 1,206,273 shares during the last quarter. Finally, JPMorgan Chase & Co. grew 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 worth $4,917,131,000 after buying an additional 1,182,620 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

NASDAQ:MBB opened at $93.91 on Thursday. The stock’s 50 day moving average price is $94.58 and its 200 day moving average price is $95.17. iShares MBS ETF has a 52-week low of $92.36 and a 52-week high of $96.96.

iShares MBS ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors 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 4.3%. 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).