Zions Bancorporation N.A. Cuts Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Zions Bancorporation N.A. reduced its position in iShares MBS ETF (NASDAQ:MBB) by 61.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 783 shares of the company’s stock after selling 1,272 shares during the period. Zions Bancorporation N.A.’s holdings in iShares MBS ETF were worth $72,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MBB. JPMorgan Chase & Co. raised its holdings in shares of iShares MBS ETF by 18.9% during the third 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 last quarter. LPL Financial LLC raised its stake in iShares MBS ETF by 13.9% during the 4th quarter. LPL Financial LLC now owns 21,858,016 shares of the company’s stock valued at $2,003,943,000 after buying an additional 2,668,319 shares during the last quarter. Fisher Asset Management LLC raised its stake in iShares MBS ETF by 7.9% during the 4th 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 last quarter. Proficio Capital Partners LLC lifted its holdings in shares of 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. Finally, TIAA Trust National Association boosted its stake in shares of iShares MBS ETF by 10.8% in the 4th quarter. TIAA Trust National Association now owns 5,392,178 shares of the company’s stock worth $494,355,000 after buying an additional 524,695 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Down 0.1 %

iShares MBS ETF stock opened at $93.12 on Thursday. The stock has a fifty day moving average of $92.67 and a 200 day moving average of $93.15. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors 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).