Alternative Investment Advisors LLC. Takes Position in iShares MBS ETF (NASDAQ:MBB)

Alternative Investment Advisors LLC. bought a new position in shares of iShares MBS ETF (NASDAQ:MBB) during the second quarter, Holdings Channel.com reports. The fund bought 84,100 shares of the company’s stock, valued at approximately $7,721,000. iShares MBS ETF comprises 4.4% of Alternative Investment Advisors LLC.’s portfolio, making the stock its 7th biggest holding.

Several other large investors have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. increased its holdings in shares of 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 purchasing an additional 2,829,414 shares during the period. LPL Financial LLC lifted its stake in shares of 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 buying an additional 1,157,953 shares during the period. Jane Street Group LLC grew its position in iShares MBS ETF by 542.0% during the first quarter. Jane Street Group LLC now owns 8,429,084 shares of the company’s stock worth $779,016,000 after buying an additional 7,116,171 shares in the last quarter. TIAA Trust National Association increased its stake in iShares MBS ETF by 2.3% during the second quarter. TIAA Trust National Association now owns 4,768,602 shares of the company’s stock valued at $437,805,000 after acquiring an additional 107,420 shares during the period. Finally, Envestnet Portfolio Solutions Inc. increased its stake in iShares MBS ETF by 1.5% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,835,063 shares of the company’s stock valued at $260,287,000 after acquiring an additional 42,848 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Trading Down 0.1 %

Shares of MBB stock opened at $95.68 on Thursday. iShares MBS ETF has a 12 month low of $85.28 and a 12 month high of $96.76. The stock has a 50 day moving average of $95.29 and a two-hundred day moving average of $92.81.

iShares MBS ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a $0.3177 dividend. The ex-dividend date of this dividend 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).