Larson Financial Group LLC Increases Stake in iShares MBS ETF (NASDAQ:MBB)

Larson Financial Group LLC increased its holdings in iShares MBS ETF (NASDAQ:MBB) by 375.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,563 shares of the company’s stock after purchasing an additional 3,604 shares during the period. Larson Financial Group LLC’s holdings in iShares MBS ETF were worth $418,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in shares of iShares MBS ETF by 18.9% in the third 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 period. Proficio Capital Partners LLC boosted its position in iShares MBS ETF by 9,869.1% during the 4th quarter. Proficio Capital Partners LLC now owns 5,498,469 shares of the company’s stock valued at $504,100,000 after buying an additional 5,443,314 shares during the period. Fisher Asset Management LLC grew its holdings in iShares MBS ETF by 7.9% in the 4th quarter. Fisher Asset Management LLC now owns 19,701,940 shares of the company’s stock worth $1,806,274,000 after acquiring an additional 1,436,342 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of iShares MBS ETF in the fourth quarter valued at about $115,371,000. Finally, LPL Financial LLC raised its stake in shares of iShares MBS ETF by 6.3% during the third 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 during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.5 %

iShares MBS ETF stock opened at $93.63 on Tuesday. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76. The firm has a 50-day moving average of $92.17 and a 200-day moving average of $93.32.

iShares MBS ETF Cuts Dividend

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

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).