Leuthold Group LLC Has $12.74 Million Stake in iShares MBS ETF (NASDAQ:MBB)

Leuthold Group LLC boosted its stake in iShares MBS ETF (NASDAQ:MBB) by 577.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 135,433 shares of the company’s stock after purchasing an additional 115,432 shares during the quarter. iShares MBS ETF comprises about 1.6% of Leuthold Group LLC’s holdings, making the stock its 12th biggest position. Leuthold Group LLC’s holdings in iShares MBS ETF were worth $12,742,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its holdings in shares of iShares MBS ETF by 11.1% during the third quarter. JPMorgan Chase & Co. now owns 27,285,852 shares of the company’s stock valued at $2,422,987,000 after buying an additional 2,719,637 shares during the last quarter. Ameriprise Financial Inc. raised its position in iShares MBS ETF by 9.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 13,314,589 shares of the company’s stock valued at $1,182,679,000 after buying an additional 1,158,175 shares during the last quarter. TIAA Trust National Association bought a new position in iShares MBS ETF during the 3rd quarter valued at $374,403,000. Bank of New York Mellon Corp boosted its holdings in iShares MBS ETF by 87.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,616,191 shares of the company’s stock worth $321,118,000 after acquiring an additional 1,688,344 shares during the last quarter. Finally, Stifel Financial Corp grew its position in iShares MBS ETF by 12.6% in the 3rd quarter. Stifel Financial Corp now owns 3,121,046 shares of the company’s stock worth $277,150,000 after purchasing an additional 350,293 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.5 %

MBB traded up $0.48 during trading hours on Tuesday, hitting $91.08. The stock had a trading volume of 263,417 shares, compared to its average volume of 2,624,862. iShares MBS ETF has a 1 year low of $85.28 and a 1 year high of $95.40. The company’s fifty day simple moving average is $91.25 and its 200 day simple moving average is $91.37.

iShares MBS ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be issued a dividend of $0.2823 per share. The ex-dividend date is Wednesday, May 1st. This represents a $3.39 dividend on an annualized basis and a yield of 3.72%.

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).