Ashton Thomas Private Wealth LLC Takes Position in iShares MBS ETF (NASDAQ:MBB)

Ashton Thomas Private Wealth LLC bought a new stake in shares of iShares MBS ETF (NASDAQ:MBB) during the 4th quarter, Holdings Channel reports. The fund bought 41,951 shares of the company’s stock, valued at approximately $3,846,000.

Several other hedge funds have also recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its stake in shares of iShares MBS ETF by 18.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock valued at $3,321,229,000 after purchasing an additional 5,521,374 shares during the period. Proficio Capital Partners LLC raised its holdings in iShares MBS ETF by 9,869.1% in the fourth quarter. Proficio Capital Partners LLC now owns 5,498,469 shares of the company’s stock worth $504,100,000 after purchasing an additional 5,443,314 shares in the last quarter. Fisher Asset Management LLC lifted its position in iShares MBS ETF by 7.9% during the fourth quarter. Fisher Asset Management LLC now owns 19,701,940 shares of the company’s stock valued at $1,806,274,000 after buying an additional 1,436,342 shares during the period. Raymond James Financial Inc. bought a new stake in shares of iShares MBS ETF during the 4th quarter valued at $115,371,000. Finally, LPL Financial LLC boosted its holdings 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 valued at $1,838,565,000 after buying an additional 1,138,182 shares in the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Down 0.1 %

Shares of iShares MBS ETF stock opened at $93.13 on Friday. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76. The company has a 50-day moving average of $92.13 and a 200 day moving average of $93.36.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.3204 per share. The ex-dividend date of this dividend was Monday, March 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).