Dakota Wealth Management Has $16.39 Million Stake in iShares MBS ETF (NASDAQ:MBB)

Dakota Wealth Management lifted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 157.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 171,046 shares of the company’s stock after buying an additional 104,491 shares during the period. Dakota Wealth Management’s holdings in iShares MBS ETF were worth $16,388,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of MBB. Envestnet Asset Management Inc. boosted its position in iShares MBS ETF by 12.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 25,036,908 shares of the company’s stock worth $2,298,639,000 after acquiring an additional 2,829,414 shares during the last quarter. LPL Financial LLC grew its position in iShares MBS ETF by 6.9% in the second quarter. LPL Financial LLC now owns 18,051,515 shares of the company’s stock valued at $1,657,310,000 after purchasing an additional 1,157,953 shares in the last quarter. Jane Street Group LLC grew its position in iShares MBS ETF by 542.0% in the first quarter. Jane Street Group LLC now owns 8,429,084 shares of the company’s stock valued at $779,016,000 after purchasing an additional 7,116,171 shares in the last quarter. TIAA Trust National Association increased its stake in iShares MBS ETF by 2.3% in the 2nd quarter. TIAA Trust National Association now owns 4,768,602 shares of the company’s stock valued at $437,805,000 after buying an additional 107,420 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its position in iShares MBS ETF by 1.5% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,835,063 shares of the company’s stock worth $260,287,000 after buying an additional 42,848 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $93.31 on Friday. The firm has a 50-day moving average of $95.29 and a 200-day moving average of $93.04. iShares MBS ETF has a one year low of $85.85 and a one year high of $96.76.

iShares MBS ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.3177 dividend. The ex-dividend date was Tuesday, September 3rd.

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).