6,149 Shares in iShares MBS ETF $MBB Bought by Abich Financial Wealth Management LLC

Abich Financial Wealth Management LLC acquired a new position in shares of iShares MBS ETF (NASDAQ:MBBFree Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 6,149 shares of the company’s stock, valued at approximately $585,000. iShares MBS ETF accounts for approximately 0.2% of Abich Financial Wealth Management LLC’s holdings, making the stock its 27th largest holding.

Several other large investors also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its position in iShares MBS ETF by 2.9% during the second quarter. Bank of America Corp DE now owns 64,329,626 shares of the company’s stock valued at $6,039,909,000 after buying an additional 1,796,449 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of iShares MBS ETF by 2.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 27,494,519 shares of the company’s stock valued at $2,616,104,000 after acquiring an additional 727,070 shares in the last quarter. TIAA Trust National Association grew its holdings in shares of iShares MBS ETF by 349.3% during the 2nd quarter. TIAA Trust National Association now owns 23,964,909 shares of the company’s stock valued at $2,245,510,000 after acquiring an additional 18,631,536 shares in the last quarter. Fisher Asset Management LLC increased its stake in shares of iShares MBS ETF by 1.2% in the second quarter. Fisher Asset Management LLC now owns 21,297,627 shares of the company’s stock worth $1,999,634,000 after acquiring an additional 254,658 shares during the last quarter. Finally, Allworth Financial LP increased its stake in shares of iShares MBS ETF by 1.6% in the second quarter. Allworth Financial LP now owns 3,101,316 shares of the company’s stock worth $291,183,000 after acquiring an additional 50,059 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

MBB opened at $96.14 on Friday. iShares MBS ETF has a 1 year low of $90.84 and a 1 year high of $96.25. The stock has a fifty day moving average price of $95.41 and a 200 day moving average price of $95.07.

iShares MBS ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.3347 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.2%. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33.

About iShares MBS ETF

(Free Report)

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).

See Also

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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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