Chesapeake Capital Corp IL Makes New $2.65 Million Investment in iShares MBS ETF (NASDAQ:MBB)

Chesapeake Capital Corp IL acquired a new stake in iShares MBS ETF (NASDAQ:MBBFree Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 28,172 shares of the company’s stock, valued at approximately $2,650,000. iShares MBS ETF makes up about 1.9% of Chesapeake Capital Corp IL’s holdings, making the stock its 10th biggest position.

A number of other institutional investors have also modified their holdings of MBB. JPMorgan Chase & Co. lifted its holdings in iShares MBS ETF by 11.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,285,852 shares of the company’s stock worth $2,422,987,000 after buying an additional 2,719,637 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in iShares MBS ETF in the third quarter valued at $223,373,000. Quotient Wealth Partners LLC acquired a new position in iShares MBS ETF during the 4th quarter worth $138,573,000. Ameriprise Financial Inc. increased its holdings in iShares MBS ETF by 9.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 13,314,589 shares of the company’s stock worth $1,182,679,000 after purchasing an additional 1,158,175 shares during the period. Finally, Charles Schwab Investment Advisory Inc. increased its holdings in iShares MBS ETF by 25.3% during the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 5,460,902 shares of the company’s stock worth $513,762,000 after purchasing an additional 1,102,208 shares during the period. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.2 %

iShares MBS ETF stock traded up $0.16 during trading on Friday, reaching $91.06. The stock had a trading volume of 794,970 shares, compared to its average volume of 2,586,091. The business has a 50 day moving average price of $90.97 and a 200 day moving average price of $91.75. iShares MBS ETF has a 52-week low of $85.28 and a 52-week high of $94.55.

iShares MBS ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were issued a dividend of $0.2823 per share. This represents a $3.39 annualized dividend and a dividend yield of 3.72%. The ex-dividend date of this dividend was Wednesday, May 1st.

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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