Sharkey Howes & Javer Has $18.72 Million Stock Holdings in iShares MBS ETF $MBB

Sharkey Howes & Javer boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 5.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 196,557 shares of the company’s stock after purchasing an additional 9,919 shares during the quarter. iShares MBS ETF comprises approximately 2.4% of Sharkey Howes & Javer’s holdings, making the stock its 13th largest position. Sharkey Howes & Javer’s holdings in iShares MBS ETF were worth $18,716,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in shares of iShares MBS ETF by 11.8% during the third quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock worth $6,840,878,000 after buying an additional 7,566,099 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares MBS ETF by 2.3% in the third quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock valued at $4,917,131,000 after acquiring an additional 1,182,620 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of iShares MBS ETF by 2.7% in the third quarter. Envestnet Asset Management Inc. now owns 27,494,519 shares of the company’s stock worth $2,616,104,000 after acquiring an additional 727,070 shares during the last quarter. TIAA Trust National Association grew its stake in shares of iShares MBS ETF by 5.8% in the third quarter. TIAA Trust National Association now owns 25,364,396 shares of the company’s stock worth $2,413,954,000 after acquiring an additional 1,399,487 shares during the last quarter. Finally, Fisher Asset Management LLC increased its position in iShares MBS ETF by 5.7% during the third quarter. Fisher Asset Management LLC now owns 22,503,900 shares of the company’s stock worth $2,141,246,000 after acquiring an additional 1,206,273 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.7%

NASDAQ:MBB opened at $94.04 on Friday. iShares MBS ETF has a one year low of $90.84 and a one year high of $96.96. The company has a fifty day moving average price of $95.62 and a 200 day moving average price of $95.46.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.3278 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.2%.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).