Fisher Asset Management LLC Buys 1,436,342 Shares of iShares MBS ETF (NASDAQ:MBB)

Fisher Asset Management LLC grew its stake in iShares MBS ETF (NASDAQ:MBB) by 7.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 19,701,940 shares of the company’s stock after purchasing an additional 1,436,342 shares during the period. Fisher Asset Management LLC’s holdings in iShares MBS ETF were worth $1,806,274,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Principal Financial Group Inc. bought a new stake in shares of iShares MBS ETF in the 3rd quarter valued at approximately $289,000. Kestra Investment Management LLC lifted its stake in shares of iShares MBS ETF by 265.9% in the 3rd quarter. Kestra Investment Management LLC now owns 249,363 shares of the company’s stock valued at $23,891,000 after purchasing an additional 181,210 shares during the last quarter. Fifth Third Bancorp lifted its stake in shares of iShares MBS ETF by 272.8% in the 4th quarter. Fifth Third Bancorp now owns 1,633 shares of the company’s stock valued at $150,000 after purchasing an additional 1,195 shares during the last quarter. Cerity Partners LLC lifted its stake in shares of iShares MBS ETF by 0.5% in the 3rd quarter. Cerity Partners LLC now owns 39,068 shares of the company’s stock valued at $3,743,000 after purchasing an additional 206 shares during the last quarter. Finally, Cobblestone Capital Advisors LLC NY lifted its stake in shares of iShares MBS ETF by 2.0% in the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 24,696 shares of the company’s stock valued at $2,366,000 after purchasing an additional 495 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Up 0.4 %

NASDAQ:MBB opened at $94.08 on Friday. The business has a 50 day simple moving average of $91.92 and a 200-day simple moving average of $93.40. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76.

iShares MBS ETF Increases Dividend

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