Clarendon Private LLC Takes $913,000 Position in iShares MBS ETF (NASDAQ:MBB)

Clarendon Private LLC acquired a new position in shares of iShares MBS ETF (NASDAQ:MBB) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,962 shares of the company’s stock, valued at approximately $913,000. iShares MBS ETF accounts for about 1.0% of Clarendon Private LLC’s holdings, making the stock its 23rd largest holding.

A number of other hedge funds have also modified their holdings of MBB. JPMorgan Chase & Co. lifted its position in iShares MBS ETF by 18.9% during the 3rd 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 in the last quarter. LPL Financial LLC increased its position in shares of iShares MBS ETF by 6.3% in the third quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock valued at $1,838,565,000 after acquiring an additional 1,138,182 shares during the last quarter. Fisher Asset Management LLC raised its holdings in iShares MBS ETF by 8.3% during the third quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock worth $1,750,027,000 after acquiring an additional 1,404,263 shares in the last quarter. Stifel Financial Corp boosted its position in iShares MBS ETF by 0.8% during the third quarter. Stifel Financial Corp now owns 3,550,412 shares of the company’s stock valued at $340,165,000 after purchasing an additional 27,441 shares during the last quarter. Finally, Allworth Financial LP grew its stake in iShares MBS ETF by 2.4% in the third quarter. Allworth Financial LP now owns 3,069,901 shares of the company’s stock valued at $294,127,000 after purchasing an additional 71,046 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Up 0.1 %

NASDAQ:MBB opened at $91.65 on Friday. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76. The stock’s 50 day moving average price is $92.16 and its two-hundred day moving average price is $93.57.

iShares MBS ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.2944 per share. The ex-dividend date of this dividend was Wednesday, December 18th.

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).