Rothschild Wealth LLC Buys 11,852 Shares of iShares MBS ETF $MBB

Rothschild Wealth LLC lifted its stake in iShares MBS ETF (NASDAQ:MBB) by 11.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 117,783 shares of the company’s stock after purchasing an additional 11,852 shares during the period. iShares MBS ETF comprises about 1.1% of Rothschild Wealth LLC’s investment portfolio, making the stock its 19th largest position. Rothschild Wealth LLC’s holdings in iShares MBS ETF were worth $11,215,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Bank of America Corp DE grew its holdings in shares of iShares MBS ETF by 11.8% in the third quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock worth $6,840,878,000 after purchasing an additional 7,566,099 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares MBS ETF by 4.1% in the fourth quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock worth $2,656,940,000 after purchasing an additional 1,104,895 shares during the last quarter. TIAA Trust National Association grew its holdings in shares of iShares MBS ETF by 2.5% in the fourth quarter. TIAA Trust National Association now owns 26,010,786 shares of the company’s stock worth $2,479,899,000 after purchasing an additional 646,390 shares during the last quarter. Fisher Asset Management LLC grew its holdings in shares of iShares MBS ETF by 5.7% in the third quarter. Fisher Asset Management LLC now owns 22,503,900 shares of the company’s stock worth $2,141,246,000 after purchasing an additional 1,206,273 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of iShares MBS ETF by 2.0% in the third quarter. Ameriprise Financial Inc. now owns 14,290,044 shares of the company’s stock worth $1,357,703,000 after purchasing an additional 284,484 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

NASDAQ MBB opened at $94.69 on Wednesday. iShares MBS ETF has a 12 month low of $92.40 and a 12 month high of $96.96. The company’s 50-day moving average price is $94.55 and its 200-day moving average price is $95.13.

iShares MBS ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a $0.3334 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Monday, June 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).