Schmidt P J Investment Management Inc. Has $376,000 Stake in iShares MBS ETF (NASDAQ:MBB)

Schmidt P J Investment Management Inc. decreased its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 8.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 4,096 shares of the company’s stock after selling 358 shares during the period. Schmidt P J Investment Management Inc.’s holdings in iShares MBS ETF were worth $376,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in iShares MBS ETF by 18.9% during 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. LPL Financial LLC raised its holdings in iShares MBS ETF by 6.3% in the 3rd quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock valued at $1,838,565,000 after acquiring an additional 1,138,182 shares in the last quarter. Fisher Asset Management LLC lifted its position in shares of iShares MBS ETF by 8.3% in the 3rd quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock worth $1,750,027,000 after acquiring an additional 1,404,263 shares during the period. Stifel Financial Corp increased its position in shares of iShares MBS ETF by 0.8% during the third quarter. Stifel Financial Corp now owns 3,550,412 shares of the company’s stock valued at $340,165,000 after purchasing an additional 27,441 shares during the period. Finally, Allworth Financial LP increased its position in shares of iShares MBS ETF by 2.4% during the third quarter. Allworth Financial LP now owns 3,069,901 shares of the company’s stock valued at $294,127,000 after purchasing an additional 71,046 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.6 %

Shares of MBB stock opened at $92.48 on Thursday. The stock’s fifty day simple moving average is $92.08 and its 200 day simple moving average is $93.55. 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 will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be paid a $0.3414 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This is a boost from iShares MBS ETF’s previous dividend of $0.29.

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).