Janney Montgomery Scott LLC Has $142.26 Million Holdings in iShares MBS ETF (NASDAQ:MBB)

Janney Montgomery Scott LLC raised its position in shares of iShares MBS ETF (NASDAQ:MBB) by 6.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,484,825 shares of the company’s stock after buying an additional 93,310 shares during the quarter. Janney Montgomery Scott LLC owned 0.41% of iShares MBS ETF worth $142,261,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Jane Street Group LLC raised 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 valued at $779,016,000 after buying an additional 7,116,171 shares during the period. Envestnet Asset Management Inc. grew its stake 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 valued at $2,298,639,000 after acquiring an additional 2,829,414 shares in the last quarter. Dynasty Wealth Management LLC acquired a new position in shares of iShares MBS ETF in the 1st quarter valued at about $158,046,000. LPL Financial LLC lifted its position 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 worth $1,657,310,000 after purchasing an additional 1,157,953 shares in the last quarter. Finally, Bessemer Group Inc. lifted its position in shares of iShares MBS ETF by 2,198.6% in the first quarter. Bessemer Group Inc. now owns 994,220 shares of the company’s stock worth $91,886,000 after purchasing an additional 950,966 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $92.12 on Friday. iShares MBS ETF has a 12 month low of $87.78 and a 12 month high of $96.76. The company’s fifty day simple moving average is $94.98 and its 200-day simple moving average is $93.16.

iShares MBS ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st will be paid a $0.3099 dividend. The ex-dividend date is Friday, November 1st.

About iShares MBS ETF

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).