Colton Groome Financial Advisors LLC Has $604,000 Stock Holdings in iShares MBS ETF $MBB

Colton Groome Financial Advisors LLC trimmed its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 58.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,348 shares of the company’s stock after selling 8,822 shares during the period. Colton Groome Financial Advisors LLC’s holdings in iShares MBS ETF were worth $604,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of MBB. Bank of America Corp DE raised its holdings in shares of iShares MBS ETF by 11.8% in the 3rd quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock valued at $6,840,878,000 after purchasing an additional 7,566,099 shares during the period. Barclays PLC raised its holdings in shares of iShares MBS ETF by 77.1% in the 3rd quarter. Barclays PLC now owns 7,632,784 shares of the company’s stock valued at $726,259,000 after purchasing an additional 3,322,737 shares during the period. TIAA Trust National Association raised its holdings in shares of iShares MBS ETF by 5.8% in the 3rd quarter. TIAA Trust National Association now owns 25,364,396 shares of the company’s stock valued at $2,413,954,000 after purchasing an additional 1,399,487 shares during the period. Fisher Asset Management LLC raised its holdings in shares of iShares MBS ETF by 5.7% in the 3rd quarter. Fisher Asset Management LLC now owns 22,503,900 shares of the company’s stock valued at $2,141,246,000 after purchasing an additional 1,206,273 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of iShares MBS ETF by 2.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock valued at $4,917,131,000 after purchasing an additional 1,182,620 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Down 0.0%

Shares of MBB stock opened at $94.75 on Monday. The firm’s 50-day moving average is $94.65 and its 200-day moving average is $95.24. iShares MBS ETF has a 52-week low of $91.56 and a 52-week high of $96.96.

iShares MBS ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were issued a $0.3346 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, May 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). 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).