Modera Wealth Management LLC Has $25.29 Million Stock Position in iShares MBS ETF (NASDAQ:MBB)

Modera Wealth Management LLC lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 22.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 275,859 shares of the company’s stock after buying an additional 49,758 shares during the period. Modera Wealth Management LLC owned about 0.07% of iShares MBS ETF worth $25,291,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. increased its holdings in iShares MBS ETF by 18.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock worth $3,321,229,000 after purchasing an additional 5,521,374 shares in the last quarter. Proficio Capital Partners LLC increased its holdings in iShares MBS ETF by 9,869.1% in the 4th quarter. Proficio Capital Partners LLC now owns 5,498,469 shares of the company’s stock worth $504,100,000 after purchasing an additional 5,443,314 shares in the last quarter. Fisher Asset Management LLC increased its holdings in iShares MBS ETF by 7.9% in the 4th quarter. Fisher Asset Management LLC now owns 19,701,940 shares of the company’s stock worth $1,806,274,000 after purchasing an additional 1,436,342 shares in the last quarter. LPL Financial LLC increased its holdings in iShares MBS ETF by 6.3% in 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 in the last quarter. Finally, Hilton Capital Management LLC acquired a new position in iShares MBS ETF in the 3rd quarter worth about $88,586,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.4 %

Shares of MBB opened at $94.08 on Friday. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76. The business has a 50-day simple moving average of $91.92 and a two-hundred day simple moving average of $93.39.

iShares MBS ETF Increases Dividend

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

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).