Haverford Trust Co Trims Stake in iShares MBS ETF (NASDAQ:MBB)

Haverford Trust Co reduced its holdings in iShares MBS ETF (NASDAQ:MBB) by 18.3% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,943 shares of the company’s stock after selling 6,266 shares during the quarter. Haverford Trust Co’s holdings in iShares MBS ETF were worth $2,562,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its position in shares of iShares MBS ETF by 18.9% in the third quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock worth $3,321,229,000 after purchasing an additional 5,521,374 shares during the last quarter. LPL Financial LLC grew its stake in iShares MBS ETF by 13.9% in the 4th quarter. LPL Financial LLC now owns 21,858,016 shares of the company’s stock worth $2,003,943,000 after buying an additional 2,668,319 shares in the last quarter. Fisher Asset Management LLC raised its position in shares of iShares MBS ETF by 7.9% during the 4th quarter. Fisher Asset Management LLC now owns 19,701,940 shares of the company’s stock valued at $1,806,274,000 after buying an additional 1,436,342 shares in the last quarter. Proficio Capital Partners LLC lifted its holdings in shares of iShares MBS ETF by 9,869.1% during the 4th quarter. Proficio Capital Partners LLC now owns 5,498,469 shares of the company’s stock worth $504,100,000 after acquiring an additional 5,443,314 shares during the last quarter. Finally, Stifel Financial Corp lifted its holdings in shares of iShares MBS ETF by 0.8% during the 3rd quarter. Stifel Financial Corp now owns 3,550,412 shares of the company’s stock worth $340,165,000 after acquiring an additional 27,441 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

MBB opened at $93.07 on Tuesday. The business’s fifty day simple moving average is $92.58 and its 200 day simple moving average is $93.16. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.3204 per share. The ex-dividend date was Monday, March 3rd.

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).