135,000 Shares in iShares MBS ETF $MBB Acquired by iA Global Asset Management Inc.

iA Global Asset Management Inc. acquired a new position in shares of iShares MBS ETF (NASDAQ:MBB) during the 1st quarter, Holdings Channel.com reports. The firm acquired 135,000 shares of the company’s stock, valued at approximately $12,818,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC bought a new position in shares of iShares MBS ETF during the 4th quarter worth $273,000. AQR Capital Management LLC raised its holdings in shares of iShares MBS ETF by 11.4% in the first quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock valued at $950,000 after acquiring an additional 1,034 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of iShares MBS ETF by 13.0% in the first quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock valued at $35,521,000 after acquiring an additional 43,527 shares in the last quarter. Invesco Ltd. lifted its stake in iShares MBS ETF by 2.5% in the second quarter. Invesco Ltd. now owns 11,446 shares of the company’s stock worth $1,075,000 after acquiring an additional 279 shares during the period. Finally, Flow Traders U.S. LLC purchased a new stake in iShares MBS ETF in the second quarter worth about $240,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Down 0.5%

Shares of iShares MBS ETF stock opened at $94.52 on Wednesday. The firm’s 50-day moving average is $94.44 and its two-hundred day moving average is $95.09. iShares MBS ETF has a 1 year low of $92.40 and a 1 year high of $96.96.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a $0.3334 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, June 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). 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).