Franklin Resources Inc. Raises Position in iShares MBS ETF (NASDAQ:MBB)

Franklin Resources Inc. lifted its stake in iShares MBS ETF (NASDAQ:MBB) by 92.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 503,504 shares of the company’s stock after buying an additional 242,383 shares during the period. Franklin Resources Inc. owned approximately 0.16% of iShares MBS ETF worth $47,370,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. US Financial Advisors LLC boosted its position in shares of iShares MBS ETF by 7.2% in the fourth quarter. US Financial Advisors LLC now owns 22,670 shares of the company’s stock worth $2,133,000 after buying an additional 1,518 shares during the period. Buttonwood Financial Group LLC boosted its holdings in iShares MBS ETF by 0.9% in the fourth quarter. Buttonwood Financial Group LLC now owns 30,211 shares of the company’s stock valued at $2,842,000 after purchasing an additional 269 shares during the last quarter. Delphi Financial Group Inc. boosted its holdings in iShares MBS ETF by 23.5% in the fourth quarter. Delphi Financial Group Inc. now owns 20,500 shares of the company’s stock valued at $1,929,000 after purchasing an additional 3,900 shares during the last quarter. Advocacy Wealth Management Services LLC purchased a new position in iShares MBS ETF in the fourth quarter valued at about $13,157,000. Finally, Charles Schwab Investment Advisory Inc. boosted its holdings in iShares MBS ETF by 25.3% in the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 5,460,902 shares of the company’s stock valued at $513,762,000 after purchasing an additional 1,102,208 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB opened at $91.06 on Friday. iShares MBS ETF has a one year low of $85.28 and a one year high of $94.55. The stock has a 50-day moving average price of $90.97 and a 200 day moving average price of $91.73.

iShares MBS ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were issued a $0.2823 dividend. This represents a $3.39 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date was Wednesday, May 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).