Garde Capital Inc. Purchases Shares of 460 iShares MBS ETF (NASDAQ:MBB)

Garde Capital Inc. purchased a new stake in iShares MBS ETF (NASDAQ:MBB) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 460 shares of the company’s stock, valued at approximately $43,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its holdings in iShares MBS ETF by 2.5% in the fourth quarter. Bank of America Corp DE now owns 75,986,265 shares of the company’s stock valued at $6,966,421,000 after purchasing an additional 1,826,521 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares MBS ETF by 49.2% in the fourth quarter. JPMorgan Chase & Co. now owns 51,720,881 shares of the company’s stock valued at $4,741,789,000 after purchasing an additional 17,056,138 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in iShares MBS ETF by 4.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 28,770,337 shares of the company’s stock valued at $2,637,664,000 after purchasing an additional 1,336,608 shares during the last quarter. LPL Financial LLC boosted its holdings in iShares MBS ETF by 13.9% in the fourth quarter. LPL Financial LLC now owns 21,858,016 shares of the company’s stock valued at $2,003,943,000 after purchasing an additional 2,668,319 shares during the last quarter. Finally, Fisher Asset Management LLC boosted its holdings in iShares MBS ETF by 7.9% in the fourth quarter. Fisher Asset Management LLC now owns 19,701,940 shares of the company’s stock valued at $1,806,274,000 after purchasing an additional 1,436,342 shares during the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Up 0.1%

Shares of iShares MBS ETF stock opened at $92.81 on Friday. The firm has a 50-day simple moving average of $92.45 and a two-hundred day simple moving average of $92.47. iShares MBS ETF has a fifty-two week low of $90.28 and a fifty-two week high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were paid a dividend of $0.3251 per share. The ex-dividend date was Monday, June 2nd. This represents a $3.90 dividend on an annualized basis and a dividend yield of 4.20%.

iShares MBS ETF Company 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).