Fifth Third Securities Inc. Reduces Holdings in iShares MBS ETF $MBB

Fifth Third Securities Inc. reduced its stake in iShares MBS ETF (NASDAQ:MBB) by 2.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 13,961 shares of the company’s stock after selling 324 shares during the quarter. Fifth Third Securities Inc.’s holdings in iShares MBS ETF were worth $1,311,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of MBB. Renaissancere Holdings Ltd. acquired a new position in iShares MBS ETF during the 1st quarter valued at approximately $267,782,000. LPL Financial LLC increased its position in shares of iShares MBS ETF by 11.0% in the 1st quarter. LPL Financial LLC now owns 24,262,602 shares of the company’s stock valued at $2,275,347,000 after acquiring an additional 2,404,586 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in iShares MBS ETF in the 1st quarter worth $98,713,000. Jane Street Group LLC lifted its position in iShares MBS ETF by 2,142.6% during the 1st quarter. Jane Street Group LLC now owns 949,675 shares of the company’s stock worth $89,061,000 after acquiring an additional 907,328 shares during the period. Finally, Cliftonlarsonallen Wealth Advisors LLC lifted its position in iShares MBS ETF by 2,003.0% during the 1st quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 941,711 shares of the company’s stock worth $88,314,000 after acquiring an additional 896,932 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

Shares of MBB stock opened at $95.19 on Tuesday. The stock’s 50-day simple moving average is $94.20 and its 200-day simple moving average is $93.28. iShares MBS ETF has a fifty-two week low of $90.28 and a fifty-two week high of $96.14.

iShares MBS ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 5th. Shareholders of record on Tuesday, September 2nd were given a dividend of $0.3383 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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).