D.A. Davidson & CO. Raises Position in iShares MBS ETF (NASDAQ:MBB)

D.A. Davidson & CO. increased its holdings in iShares MBS ETF (NASDAQ:MBBFree Report) by 2.7% in the third quarter, HoldingsChannel.com reports. The firm owned 11,719 shares of the company’s stock after buying an additional 307 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares MBS ETF were worth $1,041,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. TIAA Trust National Association purchased a new stake in iShares MBS ETF during the 3rd quarter worth approximately $374,403,000. BlackRock Inc. increased its stake in iShares MBS ETF by 107.5% during the 1st quarter. BlackRock Inc. now owns 4,544,887 shares of the company’s stock worth $430,537,000 after buying an additional 2,354,312 shares in the last quarter. Adviser Investments LLC increased its stake in iShares MBS ETF by 66,732.0% during the 3rd quarter. Adviser Investments LLC now owns 1,794,440 shares of the company’s stock worth $159,346,000 after buying an additional 1,791,755 shares in the last quarter. Bank of New York Mellon Corp increased its stake in iShares MBS ETF by 87.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,616,191 shares of the company’s stock worth $321,118,000 after buying an additional 1,688,344 shares in the last quarter. Finally, Morgan Stanley increased its stake in iShares MBS ETF by 29.7% during the 4th quarter. Morgan Stanley now owns 7,170,968 shares of the company’s stock worth $665,107,000 after buying an additional 1,642,304 shares in the last quarter. Institutional investors and hedge funds own 92.51% of the company’s stock.

iShares MBS ETF Trading Down 0.1 %

NASDAQ:MBB opened at $92.18 on Monday. iShares MBS ETF has a 12 month low of $85.28 and a 12 month high of $96.07. The stock has a 50 day moving average of $93.04 and a two-hundred day moving average of $90.83.

iShares MBS ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 7th. Shareholders of record on Friday, February 2nd were paid a dividend of $0.2968 per share. The ex-dividend date was Thursday, February 1st. This represents a $3.56 annualized dividend and a yield of 3.86%.

iShares MBS ETF Profile

(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).

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

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