Sumitomo Mitsui Financial Group Inc. Has $43.19 Million Stock Holdings in iShares MBS ETF $MBB

Sumitomo Mitsui Financial Group Inc. boosted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 3.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 453,542 shares of the company’s stock after buying an additional 13,154 shares during the quarter. iShares MBS ETF makes up approximately 0.8% of Sumitomo Mitsui Financial Group Inc.’s holdings, making the stock its 23rd largest holding. Sumitomo Mitsui Financial Group Inc. owned about 0.11% of iShares MBS ETF worth $43,186,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Graetz Wealth LLC acquired a new position in iShares MBS ETF during the 4th quarter worth $246,000. MIdWestOne Financial Group Inc. lifted its stake in shares of iShares MBS ETF by 15.7% in the 4th quarter. MIdWestOne Financial Group Inc. now owns 21,334 shares of the company’s stock valued at $2,031,000 after purchasing an additional 2,894 shares during the period. Stirlingshire Investments Inc. acquired a new position in shares of iShares MBS ETF in the 4th quarter valued at $255,000. Gateway Wealth Partners LLC lifted its stake in shares of iShares MBS ETF by 27.9% in the 4th quarter. Gateway Wealth Partners LLC now owns 24,982 shares of the company’s stock valued at $2,379,000 after purchasing an additional 5,449 shares during the period. Finally, Mill Capital Management LLC lifted its stake in shares of iShares MBS ETF by 11.4% in the 4th quarter. Mill Capital Management LLC now owns 2,060 shares of the company’s stock valued at $196,000 after purchasing an additional 210 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

MBB stock opened at $94.52 on Friday. The business’s fifty day moving average is $94.57 and its 200-day moving average is $95.16. iShares MBS ETF has a twelve month low of $92.38 and a twelve month high of $96.96.

iShares MBS ETF Cuts Dividend

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

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).