Kraft Davis & Associates LLC Reduces Holdings in iShares MBS ETF (NASDAQ:MBB)

Kraft Davis & Associates LLC lowered its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 34.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,369 shares of the company’s stock after selling 1,231 shares during the period. Kraft Davis & Associates LLC’s holdings in iShares MBS ETF were worth $219,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. JPMorgan Chase & Co. boosted its stake in shares of iShares MBS ETF by 11.1% during the third quarter. JPMorgan Chase & Co. now owns 27,285,852 shares of the company’s stock valued at $2,422,987,000 after acquiring an additional 2,719,637 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of iShares MBS ETF by 9.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 13,314,589 shares of the company’s stock worth $1,182,679,000 after purchasing an additional 1,158,175 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of iShares MBS ETF by 1.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 8,652,513 shares of the company’s stock worth $881,430,000 after buying an additional 158,816 shares in the last quarter. Morgan Stanley raised its position in shares of iShares MBS ETF by 29.7% in the fourth quarter. Morgan Stanley now owns 7,170,968 shares of the company’s stock valued at $665,107,000 after buying an additional 1,642,304 shares during the last quarter. Finally, BlackRock Inc. raised its position in shares of iShares MBS ETF by 107.5% in the first quarter. BlackRock Inc. now owns 4,544,887 shares of the company’s stock valued at $430,537,000 after buying an additional 2,354,312 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.0 %

NASDAQ MBB traded up $0.01 during mid-day trading on Friday, reaching $89.73. 2,683,861 shares of the stock were exchanged, compared to its average volume of 2,577,069. iShares MBS ETF has a 1-year low of $85.28 and a 1-year high of $95.70. The business’s fifty day simple moving average is $91.62 and its 200 day simple moving average is $91.11.

iShares MBS ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.2827 per share. This represents a $3.39 annualized dividend and a dividend yield of 3.78%. The ex-dividend date was Monday, April 1st.

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).