Knights of Columbus Asset Advisors LLC lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB – Free Report) by 98.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 124,921 shares of the company’s stock after buying an additional 61,972 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in iShares MBS ETF were worth $11,195,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Moneco Advisors LLC boosted its holdings in shares of iShares MBS ETF by 160.5% in the third quarter. Moneco Advisors LLC now owns 12,975 shares of the company’s stock valued at $1,163,000 after acquiring an additional 7,995 shares in the last quarter. Keybank National Association OH purchased a new position in shares of iShares MBS ETF during the 3rd quarter worth approximately $14,826,000. Simplex Trading LLC purchased a new position in shares of iShares MBS ETF during the 3rd quarter worth approximately $1,427,000. Kestra Investment Management LLC lifted its holdings in shares of iShares MBS ETF by 4.4% in the 3rd quarter. Kestra Investment Management LLC now owns 413,036 shares of the company’s stock valued at $37,016,000 after buying an additional 17,553 shares during the period. Finally, Retirement Systems of Alabama boosted its stake in shares of iShares MBS ETF by 30.1% in the third quarter. Retirement Systems of Alabama now owns 62,185 shares of the company’s stock valued at $5,573,000 after buying an additional 14,380 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.
iShares MBS ETF Stock Performance
iShares MBS ETF stock opened at $91.23 on Wednesday. The stock’s 50 day moving average price is $90.98 and its 200 day moving average price is $93.66. iShares MBS ETF has a 1-year low of $88.58 and a 1-year high of $96.96.
iShares MBS ETF Cuts Dividend
The business also recently announced a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were issued a $0.3471 dividend. This represents a $4.17 dividend on an annualized basis and a yield of 4.6%. This is a drop from iShares MBS ETF’s previous monthly dividend of $0.3662. The ex-dividend date of this dividend was Monday, November 2nd.
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).
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