Evoke Wealth LLC Buys 18,593 Shares of iShares MBS ETF (NASDAQ:MBB)

Evoke Wealth LLC raised its position in shares of iShares MBS ETF (NASDAQ:MBB) by 2.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 661,944 shares of the company’s stock after purchasing an additional 18,593 shares during the quarter. iShares MBS ETF makes up approximately 1.7% of Evoke Wealth LLC’s investment portfolio, making the stock its 17th largest holding. Evoke Wealth LLC’s holdings in iShares MBS ETF were worth $60,687,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in shares of iShares MBS ETF by 18.9% during the third quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock worth $3,321,229,000 after buying an additional 5,521,374 shares during the period. Proficio Capital Partners LLC boosted its position in iShares MBS ETF by 9,869.1% during the fourth quarter. Proficio Capital Partners LLC now owns 5,498,469 shares of the company’s stock valued at $504,100,000 after acquiring an additional 5,443,314 shares during the last quarter. Essential Planning LLC. grew its holdings in iShares MBS ETF by 6,413.4% during the 4th quarter. Essential Planning LLC. now owns 3,311,529 shares of the company’s stock worth $308,457,000 after acquiring an additional 3,260,687 shares during the period. Fisher Asset Management LLC raised its position in shares of iShares MBS ETF by 7.9% in the 4th quarter. Fisher Asset Management LLC now owns 19,701,940 shares of the company’s stock worth $1,806,274,000 after acquiring an additional 1,436,342 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of iShares MBS ETF in the 4th quarter valued at about $115,371,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of iShares MBS ETF stock opened at $93.20 on Tuesday. The stock’s 50-day moving average is $92.33 and its 200 day moving average is $93.24. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.3204 per share. The ex-dividend date was Monday, March 3rd.

About iShares MBS ETF

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).