Cambridge Investment Research Advisors Inc. increased its position in iShares MBS ETF (NASDAQ:MBB) by 1,187.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 192,301 shares of the company’s stock after purchasing an additional 177,366 shares during the period. Cambridge Investment Research Advisors Inc. owned 0.13% of iShares MBS ETF worth $20,453,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MBB. JPMorgan Chase & Co. lifted its holdings in shares of iShares MBS ETF by 6,374.3% during the first quarter. JPMorgan Chase & Co. now owns 12,429,426 shares of the company’s stock valued at $1,321,992,000 after purchasing an additional 12,237,446 shares in the last quarter. RiverFront Investment Group LLC bought a new position in shares of iShares MBS ETF during the fourth quarter valued at $93,052,000. California Public Employees Retirement System lifted its holdings in iShares MBS ETF by 509.6% in the fourth quarter. California Public Employees Retirement System now owns 422,355 shares of the company’s stock valued at $44,199,000 after acquiring an additional 353,074 shares during the period. Bank of New York Mellon Corp lifted its holdings in iShares MBS ETF by 108.2% in the fourth quarter. Bank of New York Mellon Corp now owns 622,502 shares of the company’s stock valued at $65,145,000 after acquiring an additional 323,553 shares during the period. Finally, Fisher Asset Management LLC lifted its holdings in iShares MBS ETF by 4.3% in the fourth quarter. Fisher Asset Management LLC now owns 5,172,101 shares of the company’s stock valued at $541,260,000 after acquiring an additional 214,734 shares during the period.
MBB stock traded down $0.08 during trading on Friday, reaching $107.08. The stock had a trading volume of 678,461 shares, compared to its average volume of 1,223,934. iShares MBS ETF has a 52 week low of $101.75 and a 52 week high of $107.21.
The business also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Tuesday, June 4th were paid a $0.2618 dividend. This represents a $3.14 annualized dividend and a dividend yield of 2.93%. The ex-dividend date of this dividend was Monday, June 3rd.
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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).
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