iShares MBS ETF (NASDAQ:MBB) Stock Holdings Increased by Kestra Investment Management LLC

Kestra Investment Management LLC boosted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 265.9% during the third quarter, HoldingsChannel.com reports. The firm owned 249,363 shares of the company’s stock after acquiring an additional 181,210 shares during the period. iShares MBS ETF makes up about 1.0% of Kestra Investment Management LLC’s portfolio, making the stock its 24th largest holding. Kestra Investment Management LLC’s holdings in iShares MBS ETF were worth $23,891,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its position in iShares MBS ETF by 12.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 25,036,908 shares of the company’s stock worth $2,298,639,000 after purchasing an additional 2,829,414 shares during the last quarter. LPL Financial LLC increased its holdings in iShares MBS ETF by 6.3% in the third 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 raised its position in iShares MBS ETF by 8.3% during the third quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock valued at $1,750,027,000 after acquiring an additional 1,404,263 shares in the last quarter. TIAA Trust National Association lifted its stake in iShares MBS ETF by 2.3% in the second quarter. TIAA Trust National Association now owns 4,768,602 shares of the company’s stock valued at $437,805,000 after acquiring an additional 107,420 shares during the last quarter. Finally, Allworth Financial LP lifted its stake in iShares MBS ETF by 2.4% in the third quarter. Allworth Financial LP now owns 3,069,901 shares of the company’s stock valued at $294,127,000 after acquiring an additional 71,046 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB opened at $93.93 on Friday. The company’s fifty day moving average is $93.72 and its 200-day moving average is $93.51. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a dividend of $0.3099 per share. The ex-dividend date of this dividend was Friday, November 1st.

iShares MBS ETF Company 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).