Strategic Wealth Partners Ltd. Has $37.64 Million Position in iShares MBS ETF (NASDAQ:MBB)

Strategic Wealth Partners Ltd. boosted its position in iShares MBS ETF (NASDAQ:MBB) by 8.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 392,863 shares of the company’s stock after buying an additional 30,900 shares during the period. iShares MBS ETF makes up approximately 3.6% of Strategic Wealth Partners Ltd.’s portfolio, making the stock its 2nd biggest position. Strategic Wealth Partners Ltd. owned approximately 0.11% of iShares MBS ETF worth $37,640,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its position in iShares MBS ETF by 12.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 25,036,908 shares of the company’s stock valued at $2,298,639,000 after buying an additional 2,829,414 shares in the last quarter. LPL Financial LLC increased its holdings in iShares MBS ETF by 6.9% during the 2nd quarter. LPL Financial LLC now owns 18,051,515 shares of the company’s stock worth $1,657,310,000 after purchasing an additional 1,157,953 shares in the last quarter. Jane Street Group LLC increased its holdings in iShares MBS ETF by 542.0% during the 1st quarter. Jane Street Group LLC now owns 8,429,084 shares of the company’s stock worth $779,016,000 after purchasing an additional 7,116,171 shares in the last quarter. TIAA Trust National Association increased its holdings in iShares MBS ETF by 2.3% during the 2nd quarter. TIAA Trust National Association now owns 4,768,602 shares of the company’s stock worth $437,805,000 after purchasing an additional 107,420 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in iShares MBS ETF by 1.5% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,835,063 shares of the company’s stock worth $260,287,000 after purchasing an additional 42,848 shares in the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

Shares of MBB opened at $94.47 on Wednesday. The stock has a 50 day moving average price of $95.38 and a two-hundred day moving average price of $92.87. iShares MBS ETF has a 52 week low of $85.28 and a 52 week high of $96.76.

iShares MBS ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.3177 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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).