Allspring Global Investments Holdings LLC Raises Stock Holdings in iShares MBS ETF $MBB

Allspring Global Investments Holdings LLC grew its stake in iShares MBS ETF (NASDAQ:MBB) by 0.8% during the 2nd quarter, Holdings Channel reports. The fund owned 196,005 shares of the company’s stock after acquiring an additional 1,466 shares during the period. Allspring Global Investments Holdings LLC’s holdings in iShares MBS ETF were worth $18,403,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. RHS Financial LLC lifted its position in shares of iShares MBS ETF by 17.9% in the second quarter. RHS Financial LLC now owns 19,212 shares of the company’s stock valued at $1,804,000 after acquiring an additional 2,914 shares in the last quarter. Clarendon Private LLC lifted its position in iShares MBS ETF by 5.3% during the second quarter. Clarendon Private LLC now owns 10,479 shares of the company’s stock worth $984,000 after buying an additional 530 shares during the period. LRI Investments LLC acquired a new stake in iShares MBS ETF in the 2nd quarter worth about $30,000. Concurrent Investment Advisors LLC boosted its stake in iShares MBS ETF by 57.1% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 30,785 shares of the company’s stock worth $2,890,000 after buying an additional 11,194 shares during the last quarter. Finally, Apollon Wealth Management LLC boosted its stake in iShares MBS ETF by 7.1% in the 2nd quarter. Apollon Wealth Management LLC now owns 32,659 shares of the company’s stock worth $3,066,000 after buying an additional 2,174 shares during the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $95.88 on Friday. The stock’s 50-day moving average price is $94.74 and its two-hundred day moving average price is $93.47. iShares MBS ETF has a 12-month low of $90.28 and a 12-month high of $95.97.

iShares MBS ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.3363 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a 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).