Mitsubishi UFJ Asset Management Co. Ltd. Sells 32,600 Shares of iShares MBS ETF (NASDAQ:MBB)

Mitsubishi UFJ Asset Management Co. Ltd. lessened its stake in iShares MBS ETF (NASDAQ:MBB) by 6.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 443,400 shares of the company’s stock after selling 32,600 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in iShares MBS ETF were worth $40,979,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Register Financial Advisors LLC grew its holdings in iShares MBS ETF by 584.6% during the 4th quarter. Register Financial Advisors LLC now owns 267 shares of the company’s stock worth $25,000 after acquiring an additional 228 shares during the period. Financial Management Professionals Inc. bought a new stake in iShares MBS ETF in the first quarter worth approximately $26,000. LFA Lugano Financial Advisors SA acquired a new position in iShares MBS ETF in the fourth quarter valued at approximately $28,000. Kozak & Associates Inc. acquired a new position in iShares MBS ETF in the fourth quarter valued at approximately $31,000. Finally, Versant Capital Management Inc bought a new position in shares of iShares MBS ETF during the 1st quarter worth approximately $32,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.2 %

NASDAQ:MBB traded down $0.20 during trading hours on Friday, reaching $92.80. The company had a trading volume of 489,748 shares, compared to its average volume of 2,365,197. iShares MBS ETF has a twelve month low of $85.28 and a twelve month high of $94.55. The business’s 50-day simple moving average is $91.84 and its two-hundred day simple moving average is $91.86.

iShares MBS ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were paid a $0.3053 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $3.66 annualized dividend and a dividend yield of 3.95%.

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).