Mill Creek Capital Advisors LLC Has $46.48 Million Holdings in iShares MBS ETF (NASDAQ:MBB)

Mill Creek Capital Advisors LLC increased its stake in iShares MBS ETF (NASDAQ:MBB) by 0.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 506,988 shares of the company’s stock after purchasing an additional 3,234 shares during the period. iShares MBS ETF makes up 1.1% of Mill Creek Capital Advisors LLC’s holdings, making the stock its 14th largest position. Mill Creek Capital Advisors LLC’s holdings in iShares MBS ETF were worth $46,481,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in shares of iShares MBS ETF by 18.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock worth $3,321,229,000 after buying an additional 5,521,374 shares during the last quarter. LPL Financial LLC boosted its stake in shares of iShares MBS ETF by 6.3% during the 3rd quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock worth $1,838,565,000 after buying an additional 1,138,182 shares during the last quarter. Fisher Asset Management LLC boosted its stake in shares of iShares MBS ETF by 8.3% during the 3rd quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock worth $1,750,027,000 after buying an additional 1,404,263 shares during the last quarter. Stifel Financial Corp boosted its stake in shares of iShares MBS ETF by 0.8% during the 3rd quarter. Stifel Financial Corp now owns 3,550,412 shares of the company’s stock worth $340,165,000 after buying an additional 27,441 shares during the last quarter. Finally, Allworth Financial LP boosted its stake in shares of iShares MBS ETF by 2.4% during the 3rd quarter. Allworth Financial LP now owns 3,069,901 shares of the company’s stock worth $294,127,000 after buying an additional 71,046 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $92.20 on Tuesday. The firm has a 50-day moving average of $92.00 and a 200-day moving average of $93.54. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76.

iShares MBS ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.3414 dividend. This is a boost from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, February 3rd.

iShares MBS ETF 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).