ShoreHaven Wealth Partners LLC Has $3.16 Million Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

ShoreHaven Wealth Partners LLC raised its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 1.6% during the fourth quarter, Holdings Channel reports. The firm owned 33,574 shares of the company’s stock after buying an additional 520 shares during the period. iShares MBS ETF comprises 1.9% of ShoreHaven Wealth Partners LLC’s holdings, making the stock its 17th biggest holding. ShoreHaven Wealth Partners LLC’s holdings in iShares MBS ETF were worth $3,159,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. TIAA Trust National Association bought a new stake in iShares MBS ETF during the third quarter worth about $374,403,000. JPMorgan Chase & Co. increased its holdings in iShares MBS ETF by 11.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,285,852 shares of the company’s stock valued at $2,422,987,000 after purchasing an additional 2,719,637 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in iShares MBS ETF in the 3rd quarter valued at $223,373,000. Ameriprise Financial Inc. boosted its stake in iShares MBS ETF by 9.5% in the third quarter. Ameriprise Financial Inc. now owns 13,314,589 shares of the company’s stock worth $1,182,679,000 after purchasing an additional 1,158,175 shares in the last quarter. Finally, Charles Schwab Investment Advisory Inc. grew its holdings in shares of iShares MBS ETF by 25.3% during the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 5,460,902 shares of the company’s stock worth $513,762,000 after purchasing an additional 1,102,208 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

Shares of iShares MBS ETF stock traded down $0.19 during trading on Wednesday, reaching $90.82. The company’s stock had a trading volume of 4,133,445 shares, compared to its average volume of 2,685,950. The stock has a 50-day moving average price of $91.24 and a two-hundred day moving average price of $91.40. iShares MBS ETF has a one year low of $85.28 and a one year high of $95.40.

iShares MBS ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were paid a $0.2823 dividend. This represents a $3.39 dividend on an annualized basis and a dividend yield of 3.73%. The ex-dividend date was Wednesday, May 1st.

iShares MBS ETF 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).