New Century Financial Group LLC Boosts Stock Holdings in iShares MBS ETF $MBB

New Century Financial Group LLC lifted its holdings in iShares MBS ETF (NASDAQ:MBB) by 5.8% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 7,548 shares of the company’s stock after purchasing an additional 413 shares during the period. New Century Financial Group LLC’s holdings in iShares MBS ETF were worth $709,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Renaissancere Holdings Ltd. bought a new position in iShares MBS ETF in the first quarter worth approximately $267,782,000. LPL Financial LLC increased its holdings in shares of iShares MBS ETF by 11.0% in the 1st quarter. LPL Financial LLC now owns 24,262,602 shares of the company’s stock valued at $2,275,347,000 after acquiring an additional 2,404,586 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in shares of iShares MBS ETF in the 1st quarter valued at $98,713,000. Jane Street Group LLC raised its position in shares of iShares MBS ETF by 2,142.6% in the 1st quarter. Jane Street Group LLC now owns 949,675 shares of the company’s stock worth $89,061,000 after acquiring an additional 907,328 shares in the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC lifted its stake in shares of iShares MBS ETF by 2,003.0% during the 1st quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 941,711 shares of the company’s stock worth $88,314,000 after purchasing an additional 896,932 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Up 0.1%

Shares of MBB stock opened at $95.24 on Friday. The stock’s 50-day moving average is $94.33 and its 200 day moving average is $93.32. iShares MBS ETF has a 1-year low of $90.28 and a 1-year high of $95.97.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Investors of record on Wednesday, October 1st will be paid a dividend of $0.3363 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Wednesday, October 1st.

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).