Rothschild Wealth LLC Increases Stake in iShares MBS ETF $MBB

Rothschild Wealth LLC grew its position in iShares MBS ETF (NASDAQ:MBB) by 11.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 117,783 shares of the company’s stock after acquiring an additional 11,852 shares during the quarter. iShares MBS ETF comprises about 1.1% of Rothschild Wealth LLC’s portfolio, making the stock its 19th largest position. Rothschild Wealth LLC’s holdings in iShares MBS ETF were worth $11,215,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in MBB. Bank of America Corp DE raised its stake in shares of iShares MBS ETF by 11.8% in the third quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock valued at $6,840,878,000 after acquiring an additional 7,566,099 shares during the period. Barclays PLC raised its stake in shares of iShares MBS ETF by 77.1% in the third quarter. Barclays PLC now owns 7,632,784 shares of the company’s stock valued at $726,259,000 after acquiring an additional 3,322,737 shares during the period. Bank of Montreal Can raised its stake in shares of iShares MBS ETF by 102.6% in the fourth quarter. Bank of Montreal Can now owns 2,883,524 shares of the company’s stock valued at $274,569,000 after acquiring an additional 1,460,545 shares during the period. TIAA Trust National Association raised 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 valued at $2,413,954,000 after acquiring an additional 1,399,487 shares during the period. Finally, Fisher Asset Management LLC raised its stake in shares of iShares MBS ETF by 5.7% in the third quarter. Fisher Asset Management LLC now owns 22,503,900 shares of the company’s stock valued at $2,141,246,000 after acquiring an additional 1,206,273 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB opened at $94.69 on Wednesday. iShares MBS ETF has a twelve month low of $92.40 and a twelve month high of $96.96. The company’s fifty day simple moving average is $94.55 and its 200-day simple moving average is $95.13.

iShares MBS ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.3334 dividend. The ex-dividend date of this dividend was Monday, June 1st. 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).