iShares MBS ETF $MBB Shares Purchased by Ocean Park Asset Management LLC

Ocean Park Asset Management LLC boosted its position in shares of iShares MBS ETF (NASDAQ:MBBFree Report) by 4.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 442,207 shares of the company’s stock after purchasing an additional 17,872 shares during the period. iShares MBS ETF makes up 2.1% of Ocean Park Asset Management LLC’s holdings, making the stock its 12th biggest holding. Ocean Park Asset Management LLC owned 0.11% of iShares MBS ETF worth $41,988,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Brighton Jones LLC purchased a new stake in shares of iShares MBS ETF during the 4th quarter valued at approximately $273,000. AQR Capital Management LLC grew its position in iShares MBS ETF by 11.4% in the first quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock worth $950,000 after acquiring an additional 1,034 shares during the period. Goldman Sachs Group Inc. grew its position in iShares MBS ETF by 13.0% in the first quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock worth $35,521,000 after acquiring an additional 43,527 shares during the period. Invesco Ltd. increased its stake in iShares MBS ETF by 2.5% during the second quarter. Invesco Ltd. now owns 11,446 shares of the company’s stock worth $1,075,000 after acquiring an additional 279 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in iShares MBS ETF during the second quarter worth $240,000. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

NASDAQ:MBB opened at $94.48 on Monday. iShares MBS ETF has a 52 week low of $92.40 and a 52 week high of $96.96. The stock’s fifty day moving average is $94.52 and its two-hundred day moving average is $95.11.

iShares MBS ETF Cuts Dividend

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

iShares MBS ETF Profile

(Free Report)

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).

Further Reading

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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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