iShares MBS ETF $MBB Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. reduced its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 32.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 35,090,359 shares of the company’s stock after selling 16,587,315 shares during the quarter. JPMorgan Chase & Co. owned 8.54% of iShares MBS ETF worth $3,341,304,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MBB. ESL Trust Services LLC acquired a new position in iShares MBS ETF during the fourth quarter worth about $28,000. Nemes Rush Group LLC grew its position in iShares MBS ETF by 132.9% during the fourth quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock worth $34,000 after buying an additional 206 shares during the period. Aventura Private Wealth LLC acquired a new position in iShares MBS ETF during the fourth quarter worth about $35,000. Wealth Watch Advisors INC acquired a new position in iShares MBS ETF during the third quarter worth about $35,000. Finally, Key Financial Inc grew its position in iShares MBS ETF by 96.9% during the fourth quarter. Key Financial Inc now owns 380 shares of the company’s stock worth $36,000 after buying an additional 187 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

Shares of MBB opened at $93.74 on Monday. The firm’s 50-day moving average is $94.60 and its two-hundred day moving average is $95.20. iShares MBS ETF has a twelve month low of $91.56 and a twelve month high of $96.96.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.3334 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Monday, June 1st.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).