iShares MBS ETF $MBB Shares Newly Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC bought a new stake in iShares MBS ETF (NASDAQ:MBB) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 90,425 shares of the company’s stock, valued at approximately $8,104,000.

Other institutional investors have also recently bought and sold shares of the company. Shelter Ins Retirement Plan bought a new position in shares of iShares MBS ETF in the second quarter worth about $12,335,042,000. Envestnet Asset Management Inc. boosted its stake in shares of iShares MBS ETF by 6.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 30,910,875 shares of the company’s stock valued at $2,921,648,000 after purchasing an additional 2,006,656 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of iShares MBS ETF by 3.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,106,470 shares of the company’s stock valued at $294,959,000 after purchasing an additional 106,144 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of iShares MBS ETF by 9.5% during the 1st quarter. Bank of New York Mellon Corp now owns 2,314,725 shares of the company’s stock valued at $219,783,000 after purchasing an additional 201,354 shares during the last quarter. Finally, Sei Investments Co. grew its holdings in shares of iShares MBS ETF by 5.2% during the 1st quarter. Sei Investments Co. now owns 2,194,447 shares of the company’s stock valued at $208,335,000 after purchasing an additional 108,361 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.2%

MBB stock opened at $91.41 on Thursday. The company has a 50 day simple moving average of $91.26 and a 200 day simple moving average of $93.82. 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 business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given 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 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).