Chesapeake Wealth Management Sells 435 Shares of iShares MBS ETF (NASDAQ:MBB)

Chesapeake Wealth Management decreased its position in iShares MBS ETF (NASDAQ:MBB) by 15.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,343 shares of the company’s stock after selling 435 shares during the quarter. Chesapeake Wealth Management’s holdings in iShares MBS ETF were worth $215,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Jane Street Group LLC lifted its stake in shares of iShares MBS ETF by 542.0% in 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 during the period. Envestnet Asset Management Inc. raised its position in iShares MBS ETF by 12.7% in the second quarter. Envestnet Asset Management Inc. now owns 25,036,908 shares of the company’s stock worth $2,298,639,000 after acquiring an additional 2,829,414 shares during the period. Dynasty Wealth Management LLC bought a new position in iShares MBS ETF in the first quarter worth approximately $158,046,000. Midland Wealth Advisors LLC purchased a new position in shares of iShares MBS ETF during the 4th quarter worth $151,461,000. Finally, LPL Financial LLC grew its position in shares of iShares MBS ETF by 6.9% during the 2nd quarter. LPL Financial LLC now owns 18,051,515 shares of the company’s stock valued at $1,657,310,000 after acquiring an additional 1,157,953 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 0.1 %

Shares of iShares MBS ETF stock opened at $96.15 on Friday. The stock’s fifty day moving average is $94.79 and its 200 day moving average is $92.61. iShares MBS ETF has a one year low of $85.28 and a one year high of $96.76.

iShares MBS ETF Dividend Announcement

The business also recently disclosed 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 was Tuesday, September 3rd.

iShares MBS ETF Company 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).