Quotient Wealth Partners LLC Acquires 253,794 Shares of iShares MBS ETF $MBB

Quotient Wealth Partners LLC lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 18.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,628,093 shares of the company’s stock after purchasing an additional 253,794 shares during the period. iShares MBS ETF accounts for about 4.1% of Quotient Wealth Partners LLC’s portfolio, making the stock its 8th biggest position. Quotient Wealth Partners LLC owned 0.40% of iShares MBS ETF worth $154,587,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Bank of America Corp DE boosted its stake in iShares MBS ETF by 11.8% during 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 last quarter. Barclays PLC raised its stake in shares of iShares MBS ETF by 77.1% in the third quarter. Barclays PLC now owns 7,632,784 shares of the company’s stock worth $726,259,000 after purchasing an additional 3,322,737 shares during the last quarter. Bank of Montreal Can raised its stake in shares of iShares MBS ETF by 102.6% in the fourth quarter. Bank of Montreal Can now owns 2,883,524 shares of the company’s stock worth $274,569,000 after purchasing an additional 1,460,545 shares during the last quarter. TIAA Trust National Association lifted its holdings in shares of iShares MBS ETF by 5.8% in 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 purchasing an additional 1,399,487 shares in the last quarter. Finally, Fisher Asset Management LLC lifted 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 valued at $2,141,246,000 after purchasing an additional 1,206,273 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $94.48 on Friday. iShares MBS ETF has a 12-month low of $92.40 and a 12-month high of $96.96. The business’s 50 day moving average is $94.52 and its 200 day moving average is $95.11.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a dividend of $0.3334 per share. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.2%.

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).