Assetmark Inc. Has $81.04 Million Stock Position in iShares MBS ETF (NASDAQ:MBB)

Assetmark Inc. reduced its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 0.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 883,971 shares of the company’s stock after selling 3,795 shares during the quarter. Assetmark Inc. owned 0.22% of iShares MBS ETF worth $81,042,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of MBB. JPMorgan Chase & Co. grew its holdings in shares of iShares MBS ETF by 18.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock worth $3,321,229,000 after purchasing an additional 5,521,374 shares in the last quarter. Proficio Capital Partners LLC lifted its position in iShares MBS ETF by 9,869.1% in the fourth quarter. Proficio Capital Partners LLC now owns 5,498,469 shares of the company’s stock worth $504,100,000 after purchasing an additional 5,443,314 shares during the period. Fisher Asset Management LLC boosted its stake in iShares MBS ETF by 7.9% during the fourth quarter. Fisher Asset Management LLC now owns 19,701,940 shares of the company’s stock worth $1,806,274,000 after buying an additional 1,436,342 shares in the last quarter. LPL Financial LLC increased its holdings in iShares MBS ETF by 6.3% in the 3rd quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock valued at $1,838,565,000 after buying an additional 1,138,182 shares during the period. Finally, Hilton Capital Management LLC acquired a new position in shares of iShares MBS ETF in the 3rd quarter valued at $88,586,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

NASDAQ:MBB opened at $93.61 on Wednesday. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76. The firm has a 50-day moving average price of $92.02 and a 200 day moving average price of $93.37.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.3204 per share. The ex-dividend date of this dividend is Monday, March 3rd.

About iShares MBS ETF

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).