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

Fisher Asset Management LLC lessened its position in shares of iShares MBS ETF (NASDAQ:MBB) by 95.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,055,854 shares of the company’s stock after selling 21,448,046 shares during the quarter. Fisher Asset Management LLC owned 0.26% of iShares MBS ETF worth $100,539,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MBB. Bank of America Corp DE increased its position in iShares MBS ETF by 11.8% during the third quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock valued at $6,840,878,000 after acquiring an additional 7,566,099 shares during the last quarter. Barclays PLC increased its position in iShares MBS ETF by 77.1% during the third quarter. Barclays PLC now owns 7,632,784 shares of the company’s stock valued at $726,259,000 after acquiring an additional 3,322,737 shares during the last quarter. TIAA Trust National Association increased its position in iShares MBS ETF by 5.8% during the third quarter. TIAA Trust National Association now owns 25,364,396 shares of the company’s stock valued at $2,413,954,000 after acquiring an additional 1,399,487 shares during the last quarter. JPMorgan Chase & Co. increased its position in iShares MBS ETF by 2.3% during the third quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock valued at $4,917,131,000 after acquiring an additional 1,182,620 shares during the last quarter. Finally, Renaissancere Holdings Ltd. increased its position in iShares MBS ETF by 34.9% during the third quarter. Renaissancere Holdings Ltd. now owns 3,852,431 shares of the company’s stock valued at $366,559,000 after acquiring an additional 997,000 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $94.08 on Tuesday. iShares MBS ETF has a one year low of $91.56 and a one year high of $96.96. The stock has a fifty day moving average of $94.70 and a 200 day moving average of $95.26.

iShares MBS ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were issued a dividend of $0.3346 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Friday, May 1st.

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). 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).