iShares MBS ETF (NASDAQ:MBB) Stock Holdings Boosted by Park Avenue Institutional Advisers LLC

Park Avenue Institutional Advisers LLC grew its position in shares of iShares MBS ETF (NASDAQ:MBB) by 15.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 152,000 shares of the company’s stock after acquiring an additional 20,900 shares during the quarter. iShares MBS ETF accounts for approximately 51.1% of Park Avenue Institutional Advisers LLC’s portfolio, making the stock its largest holding. Park Avenue Institutional Advisers LLC’s holdings in iShares MBS ETF were worth $14,300,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in shares of iShares MBS ETF by 11.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,285,852 shares of the company’s stock worth $2,422,987,000 after purchasing an additional 2,719,637 shares during the period. Ameriprise Financial Inc. raised its stake in shares of iShares MBS ETF by 9.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 13,314,589 shares of the company’s stock worth $1,182,679,000 after purchasing an additional 1,158,175 shares during the period. TIAA Trust National Association bought a new stake in iShares MBS ETF in the 3rd quarter valued at about $374,403,000. Bank of New York Mellon Corp raised its stake in iShares MBS ETF by 87.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 3,616,191 shares of the company’s stock valued at $321,118,000 after acquiring an additional 1,688,344 shares during the period. Finally, Stifel Financial Corp raised its stake in iShares MBS ETF by 12.6% in the 3rd quarter. Stifel Financial Corp now owns 3,121,046 shares of the company’s stock valued at $277,150,000 after acquiring an additional 350,293 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Up 0.4 %

Shares of MBB traded up $0.32 during midday trading on Tuesday, hitting $90.11. 1,362,603 shares of the company traded hands, compared to its average volume of 2,549,492. The stock has a 50-day moving average of $91.58 and a 200-day moving average of $91.19. iShares MBS ETF has a one year low of $85.28 and a one year high of $95.70.

iShares MBS ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.2827 per share. This represents a $3.39 annualized dividend and a dividend yield of 3.77%. The ex-dividend date was Monday, April 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).