Fisher Asset Management LLC Grows Position in iShares MBS ETF $MBB

Fisher Asset Management LLC raised its holdings in iShares MBS ETF (NASDAQ:MBBFree Report) by 5.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 22,503,900 shares of the company’s stock after acquiring an additional 1,206,273 shares during the period. Fisher Asset Management LLC owned approximately 0.05% of iShares MBS ETF worth $2,141,246,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Brighton Jones LLC bought a new stake in shares of iShares MBS ETF during the 4th quarter worth $273,000. AQR Capital Management LLC raised its position in iShares MBS ETF by 11.4% during the first quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock valued at $950,000 after purchasing an additional 1,034 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in iShares MBS ETF by 13.0% during the first quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock worth $35,521,000 after purchasing an additional 43,527 shares during the last quarter. TIAA Trust National Association lifted its stake in iShares MBS ETF by 349.3% during the second quarter. TIAA Trust National Association now owns 23,964,909 shares of the company’s stock worth $2,245,510,000 after purchasing an additional 18,631,536 shares during the last quarter. Finally, MMA Asset Management LLC purchased a new position in shares of iShares MBS ETF in the 2nd quarter worth about $1,741,000. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

NASDAQ MBB opened at $96.91 on Monday. The company has a 50-day simple moving average of $95.71 and a two-hundred day simple moving average of $95.32. iShares MBS ETF has a 12-month low of $90.84 and a 12-month high of $96.97.

iShares MBS ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd will be given a $0.3278 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.1%.

iShares MBS ETF Company Profile

(Free Report)

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).

Further Reading

Want to see what other hedge funds are holding MBB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MBS ETF (NASDAQ:MBBFree Report).

Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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