Truvestments Capital LLC Purchases New Shares in iShares MBS ETF (NASDAQ:MBB)

Truvestments Capital LLC purchased a new stake in iShares MBS ETF (NASDAQ:MBB) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 398 shares of the company’s stock, valued at approximately $36,000.

Several other large investors have also added to or reduced their stakes in MBB. JPMorgan Chase & Co. lifted its position in iShares MBS ETF by 18.9% during the third quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock valued at $3,321,229,000 after buying an additional 5,521,374 shares during the period. Proficio Capital Partners LLC lifted 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 buying an additional 5,443,314 shares during the period. Fisher Asset Management LLC lifted its position in iShares MBS ETF by 7.9% during the fourth quarter. Fisher Asset Management LLC now owns 19,701,940 shares of the company’s stock valued at $1,806,274,000 after buying an additional 1,436,342 shares during the period. Raymond James Financial Inc. purchased a new position in iShares MBS ETF during the fourth quarter valued at $115,371,000. Finally, LPL Financial LLC lifted its position in 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. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of iShares MBS ETF stock opened at $93.28 on Friday. The business has a fifty day simple moving average of $92.26 and a two-hundred day simple moving average of $93.30. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.3204 dividend. 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).