LVW Advisors LLC Has $6.93 Million Stock Position in iShares MBS ETF (NASDAQ:MBB)

LVW Advisors LLC raised its position in shares of iShares MBS ETF (NASDAQ:MBB) by 0.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 75,579 shares of the company’s stock after purchasing an additional 532 shares during the quarter. iShares MBS ETF makes up approximately 0.8% of LVW Advisors LLC’s investment portfolio, making the stock its 24th largest holding. LVW Advisors LLC’s holdings in iShares MBS ETF were worth $6,929,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in MBB. JPMorgan Chase & Co. boosted its stake in shares of iShares MBS ETF by 18.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock valued at $3,321,229,000 after purchasing an additional 5,521,374 shares during the last quarter. Fisher Asset Management LLC lifted its holdings in iShares MBS ETF by 8.3% in the third quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock valued at $1,750,027,000 after buying an additional 1,404,263 shares during the period. LPL Financial LLC boosted its position in iShares MBS ETF by 6.3% during the third quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock valued at $1,838,565,000 after acquiring an additional 1,138,182 shares during the last quarter. Hilton Capital Management LLC acquired a new stake in iShares MBS ETF during the 3rd quarter worth about $88,586,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of iShares MBS ETF by 696.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 804,598 shares of the company’s stock valued at $77,089,000 after purchasing an additional 703,598 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of iShares MBS ETF stock opened at $91.59 on Monday. The stock’s 50-day moving average is $92.23 and its 200 day moving average is $93.61. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.2944 per share. The ex-dividend date was Wednesday, December 18th.

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).