Creative Planning Grows Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Posted by on Oct 11th, 2023

Creative Planning grew its stake in iShares MBS ETF (NASDAQ:MBB – Free Report) by 141.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,216 shares of the company’s stock after purchasing an additional 13,620 shares during the period. Creative Planning’s holdings in iShares MBS ETF were worth $2,165,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Envestnet Asset Management Inc. increased its stake in shares of iShares MBS ETF by 18.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 29,377,055 shares of the company’s stock worth $2,782,888,000 after acquiring an additional 4,628,420 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares MBS ETF by 1.1% in the 1st quarter. JPMorgan Chase & Co. now owns 22,980,593 shares of the company’s stock valued at $2,176,954,000 after purchasing an additional 259,867 shares during the last quarter. LPL Financial LLC grew its stake in shares of iShares MBS ETF by 154.6% in the 1st quarter. LPL Financial LLC now owns 16,195,270 shares of the company’s stock valued at $1,534,178,000 after buying an additional 9,833,647 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of iShares MBS ETF by 4.9% during the 1st quarter. Ameriprise Financial Inc. now owns 10,827,509 shares of the company’s stock worth $1,025,276,000 after buying an additional 503,878 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of iShares MBS ETF by 1.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 8,652,513 shares of the company’s stock valued at $881,430,000 after buying an additional 158,816 shares during the period. Institutional investors and hedge funds own 92.51% of the company’s stock.

iShares MBS ETF Trading Down 0.0 %

Shares of iShares MBS ETF stock opened at $88.27 on Wednesday. The stock has a 50 day moving average of $90.27 and a 200 day moving average of $92.51. iShares MBS ETF has a fifty-two week low of $86.59 and a fifty-two week high of $96.78.

iShares MBS ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, October 6th. Stockholders of record on Tuesday, October 3rd were issued a dividend of $0.2904 per share. This represents a $3.48 dividend on an annualized basis and a dividend yield of 3.95%. The ex-dividend date was Monday, October 2nd.

About iShares MBS ETF

(Free Report)

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).

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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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