Manning & Napier Advisors LLC Lowers Stake in iShares MBS ETF (NASDAQ:MBB)

Manning & Napier Advisors LLC lowered its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 8.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 347,204 shares of the company’s stock after selling 32,944 shares during the quarter. Manning & Napier Advisors LLC owned about 0.09% of iShares MBS ETF worth $31,832,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in shares of iShares MBS ETF by 18.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock valued at $3,321,229,000 after purchasing an additional 5,521,374 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares MBS ETF by 6.3% during the third quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock valued at $1,838,565,000 after buying an additional 1,138,182 shares during the last quarter. Fisher Asset Management LLC grew its holdings in shares of 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 valued at $1,750,027,000 after buying an additional 1,404,263 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of 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 buying an additional 27,441 shares during the last quarter. Finally, Allworth Financial LP grew its holdings in shares of iShares MBS ETF by 2.4% during the third quarter. Allworth Financial LP now owns 3,069,901 shares of the company’s stock valued at $294,127,000 after buying an additional 71,046 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.1 %

Shares of MBB stock traded up $0.06 during mid-day trading on Wednesday, reaching $92.23. The stock had a trading volume of 93,028 shares, compared to its average volume of 2,380,280. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76. The business’s fifty day moving average is $92.15 and its 200-day moving average is $93.58.

iShares MBS ETF Cuts Dividend

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

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).