Claro Advisors LLC Has $799,000 Stake in iShares MBS ETF (NASDAQ:MBB)

Claro Advisors LLC lowered its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 64.4% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 8,644 shares of the company’s stock after selling 15,671 shares during the period. Claro Advisors LLC’s holdings in iShares MBS ETF were worth $799,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in shares of iShares MBS ETF by 11.1% during the third quarter. JPMorgan Chase & Co. now owns 27,285,852 shares of the company’s stock valued at $2,422,987,000 after buying an additional 2,719,637 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of iShares MBS ETF by 9.5% in the third quarter. Ameriprise Financial Inc. now owns 13,314,589 shares of the company’s stock valued at $1,182,679,000 after purchasing an additional 1,158,175 shares during the last quarter. Charles Schwab Investment Advisory Inc. lifted its position 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 valued at $513,762,000 after purchasing an additional 1,102,208 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in iShares MBS ETF by 4.5% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,627,529 shares of the company’s stock worth $247,198,000 after purchasing an additional 112,072 shares in the last quarter. Finally, RWA Wealth Partners LLC increased its stake in iShares MBS ETF by 24.6% in the 4th quarter. RWA Wealth Partners LLC now owns 2,235,560 shares of the company’s stock valued at $210,322,000 after buying an additional 441,120 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Down 1.0 %

Shares of MBB opened at $90.85 on Tuesday. The stock has a 50 day moving average of $91.24 and a 200 day moving average of $91.98. iShares MBS ETF has a 12 month low of $85.28 and a 12 month high of $94.55.

iShares MBS ETF Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be given a dividend of $0.3053 per share. The ex-dividend date is Monday, July 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).