Ameriprise Financial Inc. Sells 33,752 Shares of iShares MBS ETF (NASDAQ:MBB)

Ameriprise Financial Inc. trimmed its holdings in iShares MBS ETF (NASDAQ:MBB) by 0.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,581,137 shares of the company’s stock after selling 33,752 shares during the period. Ameriprise Financial Inc. owned 3.89% of iShares MBS ETF worth $1,246,437,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in MBB. Envestnet Asset Management Inc. boosted its position in iShares MBS ETF by 12.7% during the second quarter. Envestnet Asset Management Inc. now owns 25,036,908 shares of the company’s stock worth $2,298,639,000 after purchasing an additional 2,829,414 shares during the period. LPL Financial LLC lifted its stake in shares of iShares MBS ETF by 6.9% during the 2nd quarter. LPL Financial LLC now owns 18,051,515 shares of the company’s stock worth $1,657,310,000 after buying an additional 1,157,953 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of iShares MBS ETF by 542.0% during the 1st quarter. Jane Street Group LLC now owns 8,429,084 shares of the company’s stock worth $779,016,000 after buying an additional 7,116,171 shares during the period. TIAA Trust National Association boosted its holdings in shares of iShares MBS ETF by 2.3% during the 2nd quarter. TIAA Trust National Association now owns 4,768,602 shares of the company’s stock worth $437,805,000 after buying an additional 107,420 shares during the period. Finally, Envestnet Portfolio Solutions Inc. grew its stake in iShares MBS ETF by 1.5% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,835,063 shares of the company’s stock valued at $260,287,000 after buying an additional 42,848 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

Shares of MBB stock opened at $95.94 on Thursday. iShares MBS ETF has a 12-month low of $85.28 and a 12-month high of $96.76. The firm has a 50 day moving average price of $94.92 and a two-hundred day moving average price of $92.66.

iShares MBS ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.3177 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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).