TCW Group Inc. Grows Position in iShares MBS ETF (NASDAQ:MBB)

TCW Group Inc. lifted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 0.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 157,047 shares of the company’s stock after purchasing an additional 346 shares during the quarter. TCW Group Inc.’s holdings in iShares MBS ETF were worth $14,398,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in shares of iShares MBS ETF by 18.9% during the third 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 period. LPL Financial LLC increased its holdings in iShares MBS ETF by 6.3% during the 3rd quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock worth $1,838,565,000 after purchasing an additional 1,138,182 shares during the last quarter. Fisher Asset Management LLC raised its position in shares of iShares MBS ETF by 8.3% in the 3rd quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock valued at $1,750,027,000 after purchasing an additional 1,404,263 shares in the last quarter. Stifel Financial Corp boosted its stake in shares of iShares MBS ETF by 0.8% during the 3rd quarter. Stifel Financial Corp now owns 3,550,412 shares of the company’s stock valued at $340,165,000 after buying an additional 27,441 shares during the last quarter. Finally, Allworth Financial LP grew its position in shares of iShares MBS ETF by 12.0% during the fourth quarter. Allworth Financial LP now owns 3,439,456 shares of the company’s stock worth $315,639,000 after buying an additional 369,555 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.5 %

MBB opened at $92.87 on Monday. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76. The firm’s fifty day moving average price is $91.75 and its 200 day moving average price is $93.42.

iShares MBS ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.3414 dividend. This is a positive change from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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).