Successful Portfolios LLC Raises Stake in iShares MBS ETF (NASDAQ:MBB)

Successful Portfolios LLC lifted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 23.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,987 shares of the company’s stock after purchasing an additional 963 shares during the quarter. Successful Portfolios LLC’s holdings in iShares MBS ETF were worth $461,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in shares of 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 purchasing an additional 2,719,637 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in iShares MBS ETF by 9.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 13,314,589 shares of the company’s stock valued at $1,182,679,000 after buying an additional 1,158,175 shares during the period. Charles Schwab Investment Advisory Inc. increased its stake in shares of 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 valued at $513,762,000 after acquiring an additional 1,102,208 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of iShares MBS ETF by 4.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,627,529 shares of the company’s stock worth $247,198,000 after acquiring an additional 112,072 shares during the period. Finally, RWA Wealth Partners LLC boosted its position in shares of iShares MBS ETF by 24.6% in the fourth quarter. RWA Wealth Partners LLC now owns 2,235,560 shares of the company’s stock worth $210,322,000 after acquiring an additional 441,120 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.5 %

Shares of MBB stock opened at $91.81 on Monday. iShares MBS ETF has a one year low of $85.28 and a one year high of $94.55. The company has a 50 day moving average price of $91.24 and a 200 day moving average price of $91.98.

iShares MBS ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were given a $0.3002 dividend. This represents a $3.60 annualized dividend and a dividend yield of 3.92%. The ex-dividend date was Monday, June 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).