Sumitomo Mitsui Trust Group Inc. lifted its position in iShares MBS ETF (NASDAQ:MBB – Free Report) by 7.7% during the 3rd quarter, Holdings Channel reports. The firm owned 768,970 shares of the company’s stock after acquiring an additional 55,265 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares MBS ETF were worth $68,915,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Bangor Savings Bank bought a new stake in shares of iShares MBS ETF during the 3rd quarter valued at about $38,457,000. Envestnet Asset Management Inc. lifted its holdings in iShares MBS ETF by 6.9% in the second quarter. Envestnet Asset Management Inc. now owns 30,910,875 shares of the company’s stock worth $2,921,648,000 after buying an additional 2,006,656 shares during the period. Rosenberg Matthew Hamilton lifted its holdings in iShares MBS ETF by 748.2% in the third quarter. Rosenberg Matthew Hamilton now owns 19,603 shares of the company’s stock worth $1,757,000 after buying an additional 17,292 shares during the period. Corient Private Wealth LP boosted its position in iShares MBS ETF by 28.3% during the 2nd quarter. Corient Private Wealth LP now owns 786,118 shares of the company’s stock valued at $74,304,000 after acquiring an additional 173,525 shares in the last quarter. Finally, Tempus Wealth Planning LLC bought a new stake in iShares MBS ETF during the 3rd quarter valued at approximately $1,170,000. 91.70% of the stock is owned by institutional investors.
iShares MBS ETF Trading Down 0.2%
MBB stock opened at $91.53 on Wednesday. iShares MBS ETF has a fifty-two week low of $88.58 and a fifty-two week high of $96.96. The business’s 50 day moving average price is $91.13 and its two-hundred day moving average price is $93.74.
iShares MBS ETF Cuts Dividend
The company also recently declared a monthly dividend, which will be paid on Thursday, November 5th. Investors of record on Monday, November 2nd will be given a dividend of $0.3471 per share. This is a drop from iShares MBS ETF’s previous monthly dividend of $0.3662. This represents a $4.17 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Monday, November 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).
Featured Articles
- Five stocks we like better than iShares MBS ETF
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
Want to see what other hedge funds are holding MBB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MBS ETF (NASDAQ:MBB – Free Report).
Receive News & Ratings for iShares MBS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MBS ETF and related companies with MarketBeat.com's FREE daily email newsletter.
