Choreo LLC Increases Stake in iShares MBS ETF (NASDAQ:MBB)

Choreo LLC grew its stake in iShares MBS ETF (NASDAQ:MBB) by 50.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 71,246 shares of the company’s stock after buying an additional 23,866 shares during the quarter. Choreo LLC’s holdings in iShares MBS ETF were worth $6,473,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Jane Street Group LLC grew its position in shares of iShares MBS ETF by 542.0% during the 1st quarter. Jane Street Group LLC now owns 8,429,084 shares of the company’s stock valued at $779,016,000 after acquiring an additional 7,116,171 shares during the period. TIAA Trust National Association increased its position in shares of iShares MBS ETF by 2.3% in the second quarter. TIAA Trust National Association now owns 4,768,602 shares of the company’s stock valued at $437,805,000 after buying an additional 107,420 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its position in shares of iShares MBS ETF by 1.5% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,835,063 shares of the company’s stock valued at $260,287,000 after buying an additional 42,848 shares in the last quarter. Allworth Financial LP raised its stake in shares of iShares MBS ETF by 5.8% during the 1st quarter. Allworth Financial LP now owns 2,777,089 shares of the company’s stock worth $256,659,000 after buying an additional 152,564 shares during the period. Finally, RWA Wealth Partners LLC lifted its position in shares of iShares MBS ETF by 1.9% during the 1st quarter. RWA Wealth Partners LLC now owns 2,278,662 shares of the company’s stock valued at $210,594,000 after buying an additional 43,102 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of NASDAQ MBB opened at $96.02 on Tuesday. The firm has a fifty day moving average of $94.02 and a 200 day moving average of $92.33. iShares MBS ETF has a one year low of $85.28 and a one year high of $96.29.

iShares MBS ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.3177 per share. The ex-dividend date 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).