Janney Montgomery Scott LLC Has $138.65 Million Stock Holdings in iShares MBS ETF $MBB

Janney Montgomery Scott LLC lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 8.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,460,265 shares of the company’s stock after purchasing an additional 111,462 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares MBS ETF were worth $138,652,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. ESL Trust Services LLC acquired a new stake in shares of iShares MBS ETF during the 4th quarter worth approximately $28,000. Brown Lisle Cummings Inc. bought a new position in iShares MBS ETF during the first quarter worth $28,000. First Community Trust NA bought a new position in iShares MBS ETF during the first quarter worth $32,000. Nemes Rush Group LLC grew its holdings in iShares MBS ETF by 132.9% in the fourth quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock worth $34,000 after purchasing an additional 206 shares during the period. Finally, Aventura Private Wealth LLC acquired a new stake in iShares MBS ETF in the fourth quarter worth $35,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.0%

MBB opened at $94.93 on Friday. The company has a fifty day moving average price of $94.47 and a two-hundred day moving average price of $95.09. iShares MBS ETF has a 1-year low of $92.40 and a 1-year high of $96.96.

iShares MBS ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a $0.3334 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Monday, June 1st.

iShares MBS ETF 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).