iShares MBS ETF $MBB is TIAA Trust National Association’s 2nd Largest Position

TIAA Trust National Association increased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 2.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,010,786 shares of the company’s stock after purchasing an additional 646,390 shares during the period. iShares MBS ETF makes up 5.9% of TIAA Trust National Association’s holdings, making the stock its 2nd biggest position. TIAA Trust National Association owned approximately 6.33% of iShares MBS ETF worth $2,479,899,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. ESL Trust Services LLC purchased a new position in iShares MBS ETF in the fourth quarter valued at $28,000. Nemes Rush Group LLC increased its holdings in iShares MBS ETF by 132.9% in the fourth quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock valued at $34,000 after buying an additional 206 shares in the last quarter. Aventura Private Wealth LLC purchased a new position in iShares MBS ETF in the fourth quarter valued at $35,000. Wealth Watch Advisors INC purchased a new position in iShares MBS ETF in the third quarter valued at $35,000. Finally, Key Financial Inc increased its holdings in iShares MBS ETF by 96.9% in the fourth quarter. Key Financial Inc now owns 380 shares of the company’s stock valued at $36,000 after buying an additional 187 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.0%

MBB opened at $93.70 on Tuesday. iShares MBS ETF has a fifty-two week low of $91.78 and a fifty-two week high of $96.96. The company has a fifty day moving average of $94.60 and a two-hundred day moving average of $95.19.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.3334 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.3%.

iShares MBS ETF 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). 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).