Resona Asset Management Co. Ltd. Sells 18,888 Shares of iShares MBS ETF $MBB

Resona Asset Management Co. Ltd. cut its position in iShares MBS ETF (NASDAQ:MBB) by 22.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 65,134 shares of the company’s stock after selling 18,888 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in iShares MBS ETF were worth $6,202,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of MBB. Howe & Rusling Inc. raised its position in iShares MBS ETF by 184.0% in the third quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock valued at $27,000 after purchasing an additional 184 shares during the last quarter. Westfuller Advisors LLC bought a new position in iShares MBS ETF in the third quarter valued at about $33,000. Aventura Private Wealth LLC bought a new position in iShares MBS ETF in the fourth quarter valued at about $35,000. Wealth Watch Advisors INC bought a new position in iShares MBS ETF in the third quarter valued at about $35,000. Finally, Dunhill Financial LLC raised its position in iShares MBS ETF by 3,554.5% in the fourth quarter. Dunhill Financial LLC now owns 402 shares of the company’s stock valued at $38,000 after purchasing an additional 391 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

Shares of MBB opened at $94.08 on Friday. iShares MBS ETF has a 1 year low of $91.56 and a 1 year high of $96.96. The business has a 50-day moving average of $94.71 and a 200-day moving average of $95.26.

iShares MBS ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a dividend of $0.3346 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Friday, May 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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).