Proficio Capital Partners LLC Boosts Stock Position in iShares MBS ETF (NASDAQ:MBB)

Proficio Capital Partners LLC raised its position in iShares MBS ETF (NASDAQ:MBB) by 54.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 84,964 shares of the company’s stock after purchasing an additional 29,809 shares during the period. Proficio Capital Partners LLC’s holdings in iShares MBS ETF were worth $7,790,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of MBB. JPMorgan Chase & Co. boosted its holdings 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 worth $3,321,229,000 after purchasing an additional 5,521,374 shares during the last quarter. Fisher Asset Management LLC boosted its stake 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 buying an additional 1,436,342 shares during the last quarter. LPL Financial LLC grew 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 valued at $1,838,565,000 after buying an additional 1,138,182 shares during the period. Stifel Financial Corp increased 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 acquiring an additional 27,441 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of iShares MBS ETF by 7.9% during the 4th quarter. Bank of New York Mellon Corp now owns 3,533,548 shares of the company’s stock worth $323,956,000 after acquiring an additional 258,036 shares during the period. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

MBB opened at $93.00 on Friday. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76. The company’s 50 day simple moving average is $92.29 and its 200 day simple moving average is $93.27.

iShares MBS ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.3204 per share. The ex-dividend date of this dividend was Monday, March 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).