SBI Securities Co. Ltd. lifted its stake in iShares MBS ETF (NASDAQ:MBB – Free Report) by 1,021.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,053 shares of the company’s stock after buying an additional 13,711 shares during the period. SBI Securities Co. Ltd.’s holdings in iShares MBS ETF were worth $1,349,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently modified their holdings of MBB. Cantor Fitzgerald Investment Advisors L.P. raised its stake in shares of iShares MBS ETF by 5.9% during the third quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 20,916 shares of the company’s stock valued at $1,875,000 after purchasing an additional 1,158 shares during the period. Arvest Investments Inc. purchased a new position in shares of iShares MBS ETF in the third quarter valued at $21,273,000. Fifth Third Securities Inc. grew its holdings in iShares MBS ETF by 54.2% during the 3rd quarter. Fifth Third Securities Inc. now owns 10,365 shares of the company’s stock valued at $929,000 after purchasing an additional 3,643 shares in the last quarter. Sowell Financial Services LLC increased its stake in iShares MBS ETF by 12.3% during the 3rd quarter. Sowell Financial Services LLC now owns 24,020 shares of the company’s stock worth $2,153,000 after buying an additional 2,627 shares during the period. Finally, Carnegie Investment Counsel acquired a new position in iShares MBS ETF in the 3rd quarter worth $22,639,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.
iShares MBS ETF Stock Performance
Shares of iShares MBS ETF stock opened at $91.29 on Friday. The business has a 50-day moving average of $91.35 and a 200-day moving average of $93.18. iShares MBS ETF has a 1-year low of $88.58 and a 1-year high of $96.96.
iShares MBS ETF Increases Dividend
The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were issued a $0.3662 dividend. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.3388. This represents a $4.39 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Thursday, October 1st.
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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