Geneos Wealth Management Inc. Has $12.96 Million Stake in iShares MBS ETF (NASDAQ:MBB)

Geneos Wealth Management Inc. grew its holdings in iShares MBS ETF (NASDAQ:MBB) by 50.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 128,452 shares of the company’s stock after buying an additional 43,136 shares during the period. Geneos Wealth Management Inc.’s holdings in iShares MBS ETF were worth $12,961,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in MBB. LPL Financial LLC lifted its holdings in iShares MBS ETF by 11.0% during the 1st quarter. LPL Financial LLC now owns 24,262,602 shares of the company’s stock worth $2,275,347,000 after purchasing an additional 2,404,586 shares during the last quarter. Bank of America Corp DE lifted its holdings in iShares MBS ETF by 2.5% during the 4th quarter. Bank of America Corp DE now owns 75,986,265 shares of the company’s stock worth $6,966,421,000 after purchasing an additional 1,826,521 shares during the last quarter. State of Tennessee Department of Treasury lifted its holdings in iShares MBS ETF by 45.6% during the 4th quarter. State of Tennessee Department of Treasury now owns 4,833,636 shares of the company’s stock worth $443,148,000 after purchasing an additional 1,512,788 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in iShares MBS ETF by 4.9% during the 4th quarter. Envestnet Asset Management Inc. now owns 28,770,337 shares of the company’s stock worth $2,637,664,000 after purchasing an additional 1,336,608 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC lifted its holdings in iShares MBS ETF by 2,003.0% during the 1st quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 941,711 shares of the company’s stock worth $88,314,000 after purchasing an additional 896,932 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

NASDAQ:MBB opened at $92.92 on Tuesday. The stock has a 50 day simple moving average of $92.71 and a 200 day simple moving average of $92.68. iShares MBS ETF has a 1-year low of $90.28 and a 1-year high of $96.76.

iShares MBS ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, July 7th. Shareholders of record on Tuesday, July 1st were issued a $0.3322 dividend. The ex-dividend date was Tuesday, July 1st. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.33. This represents a $3.99 annualized dividend and a yield of 4.29%.

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).