Bank of America Corp DE Boosts Holdings in iShares MBS ETF $MBB

Bank of America Corp DE lifted its holdings in iShares MBS ETF (NASDAQ:MBB) by 11.8% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 71,895,725 shares of the company’s stock after purchasing an additional 7,566,099 shares during the period. iShares MBS ETF makes up 0.5% of Bank of America Corp DE’s holdings, making the stock its 29th biggest holding. Bank of America Corp DE owned approximately 0.16% of iShares MBS ETF worth $6,840,878,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Barclays PLC lifted its holdings in iShares MBS ETF by 77.1% during the 3rd quarter. Barclays PLC now owns 7,632,784 shares of the company’s stock worth $726,259,000 after buying an additional 3,322,737 shares in the last quarter. Prudential Financial Inc. grew its stake in shares of iShares MBS ETF by 10,569.3% in the second quarter. Prudential Financial Inc. now owns 1,463,719 shares of the company’s stock worth $137,429,000 after acquiring an additional 1,450,000 shares in the last quarter. TIAA Trust National Association grew its stake in shares of iShares MBS ETF by 5.8% in the third quarter. TIAA Trust National Association now owns 25,364,396 shares of the company’s stock worth $2,413,954,000 after acquiring an additional 1,399,487 shares in the last quarter. Fisher Asset Management LLC increased its position in shares of iShares MBS ETF by 5.7% during the third quarter. Fisher Asset Management LLC now owns 22,503,900 shares of the company’s stock worth $2,141,246,000 after acquiring an additional 1,206,273 shares during the period. Finally, JPMorgan Chase & Co. increased its position in shares of iShares MBS ETF by 2.3% during the third quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock worth $4,917,131,000 after acquiring an additional 1,182,620 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Up 0.0%

Shares of NASDAQ MBB opened at $94.90 on Friday. The business’s fifty day simple moving average is $95.77 and its 200-day simple moving average is $95.44. iShares MBS ETF has a 12-month low of $90.84 and a 12-month high of $96.96.

iShares MBS ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.3278 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.1%.

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).