Assetmark Inc. Has $85.06 Million Stock Position in iShares MBS ETF (NASDAQ:MBB)

Assetmark Inc. raised its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 171.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 887,766 shares of the company’s stock after purchasing an additional 560,924 shares during the period. Assetmark Inc.’s holdings in iShares MBS ETF were worth $85,057,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. St. Johns Investment Management Company LLC acquired a new position in iShares MBS ETF in the third quarter valued at approximately $30,000. Chris Bulman Inc bought a new position in shares of iShares MBS ETF in the 2nd quarter worth $31,000. Rothschild Investment LLC acquired a new stake in shares of iShares MBS ETF during the second quarter worth $33,000. Godsey & Gibb Inc. bought a new stake in iShares MBS ETF in the third quarter valued at about $33,000. Finally, PSI Advisors LLC lifted its stake in iShares MBS ETF by 2,289.5% in the second quarter. PSI Advisors LLC now owns 454 shares of the company’s stock valued at $42,000 after buying an additional 435 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB opened at $93.09 on Friday. iShares MBS ETF has a 1 year low of $87.87 and a 1 year high of $96.76. The stock’s 50-day moving average price is $94.72 and its two-hundred day moving average price is $93.24.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.3099 per share. The ex-dividend date of this dividend was Friday, November 1st.

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).