Cabot Wealth Management Inc. Acquires 425 Shares of iShares MBS ETF (NASDAQ:MBB)

Cabot Wealth Management Inc. increased its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 0.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 280,343 shares of the company’s stock after purchasing an additional 425 shares during the period. iShares MBS ETF accounts for about 3.3% of Cabot Wealth Management Inc.’s holdings, making the stock its 3rd biggest position. Cabot Wealth Management Inc. owned about 0.07% of iShares MBS ETF worth $25,702,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in shares of iShares MBS ETF by 18.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock worth $3,321,229,000 after purchasing an additional 5,521,374 shares during the last quarter. LPL Financial LLC lifted its stake in shares of iShares MBS ETF by 6.3% during the third quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock valued at $1,838,565,000 after buying an additional 1,138,182 shares during the period. Fisher Asset Management LLC grew its stake in iShares MBS ETF by 8.3% in the 3rd quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock worth $1,750,027,000 after acquiring an additional 1,404,263 shares during the period. Stifel Financial Corp grew its stake in iShares MBS ETF by 0.8% in the 3rd quarter. Stifel Financial Corp now owns 3,550,412 shares of the company’s stock worth $340,165,000 after acquiring an additional 27,441 shares during the period. Finally, Allworth Financial LP raised its holdings in iShares MBS ETF by 12.0% in the 4th quarter. Allworth Financial LP now owns 3,439,456 shares of the company’s stock valued at $315,639,000 after acquiring an additional 369,555 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB stock opened at $92.87 on Friday. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76. The stock’s fifty day simple moving average is $91.75 and its 200-day simple moving average is $93.42.

iShares MBS ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.3414 dividend. This is a boost from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, February 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).