iShares MBS ETF $MBB Shares Purchased by MAI Capital Management

MAI Capital Management boosted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 8.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 194,777 shares of the company’s stock after buying an additional 15,859 shares during the period. MAI Capital Management’s holdings in iShares MBS ETF were worth $18,533,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of MBB. TIAA Trust National Association boosted its position in shares of iShares MBS ETF by 349.3% during the 2nd quarter. TIAA Trust National Association now owns 23,964,909 shares of the company’s stock valued at $2,245,510,000 after acquiring an additional 18,631,536 shares during the last quarter. Bank of America Corp DE grew its stake in shares of iShares MBS ETF by 2.9% in the 2nd quarter. Bank of America Corp DE now owns 64,329,626 shares of the company’s stock valued at $6,039,909,000 after buying an additional 1,796,449 shares during the period. Prudential Financial Inc. increased its holdings in shares of iShares MBS ETF by 10,569.3% during the 2nd quarter. Prudential Financial Inc. now owns 1,463,719 shares of the company’s stock worth $137,429,000 after buying an additional 1,450,000 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares MBS ETF by 2.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock valued at $4,917,131,000 after buying an additional 1,182,620 shares during the period. Finally, Annex Advisory Services LLC acquired a new position in iShares MBS ETF in the third quarter valued at approximately $81,869,000. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Trading Down 0.0%

Shares of iShares MBS ETF stock opened at $96.52 on Thursday. The stock has a 50 day moving average of $95.65 and a 200 day moving average of $95.27. iShares MBS ETF has a fifty-two week low of $90.84 and a fifty-two week high of $96.65.

iShares MBS ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a dividend of $0.3347 per share. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.33. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Monday, February 2nd.

iShares MBS ETF Company 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).