Diversify Wealth Management LLC Grows Stock Position in iShares MBS ETF $MBB

Diversify Wealth Management LLC grew its stake in iShares MBS ETF (NASDAQ:MBB) by 81.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 73,404 shares of the company’s stock after buying an additional 32,890 shares during the quarter. Diversify Wealth Management LLC’s holdings in iShares MBS ETF were worth $6,945,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Bank of America Corp DE grew its holdings in 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 acquiring an additional 7,566,099 shares during the period. LPL Financial LLC grew its stake in shares of iShares MBS ETF by 4.1% during the 4th quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock worth $2,656,940,000 after purchasing an additional 1,104,895 shares during the period. TIAA Trust National Association grew its stake in shares of iShares MBS ETF by 2.5% during the 4th quarter. TIAA Trust National Association now owns 26,010,786 shares of the company’s stock worth $2,479,899,000 after purchasing an additional 646,390 shares during the period. Ameriprise Financial Inc. grew its stake in shares of iShares MBS ETF by 2.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 14,290,044 shares of the company’s stock worth $1,357,703,000 after purchasing an additional 284,484 shares during the period. Finally, Morgan Stanley increased its holdings in shares of iShares MBS ETF by 4.1% during the 4th quarter. Morgan Stanley now owns 9,852,362 shares of the company’s stock valued at $938,142,000 after purchasing an additional 383,629 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB opened at $93.72 on Monday. The firm has a fifty day moving average price of $94.26 and a 200 day moving average price of $95.01. iShares MBS ETF has a 1 year low of $92.40 and a 1 year high of $96.96.

iShares MBS ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a $0.3373 dividend. The ex-dividend date was Wednesday, July 1st.

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).