iShares MBS ETF $MBB Stake Raised by Nan Fung Trinity HK Ltd.

Nan Fung Trinity HK Ltd. lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 163.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 349,200 shares of the company’s stock after buying an additional 216,693 shares during the quarter. iShares MBS ETF comprises approximately 3.0% of Nan Fung Trinity HK Ltd.’s investment portfolio, making the stock its 12th biggest holding. Nan Fung Trinity HK Ltd. owned about 0.09% of iShares MBS ETF worth $31,295,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of MBB. Envestnet Asset Management Inc. boosted its stake in iShares MBS ETF by 6.9% in the second quarter. Envestnet Asset Management Inc. now owns 30,910,875 shares of the company’s stock valued at $2,921,648,000 after acquiring an additional 2,006,656 shares during the last quarter. Midland Wealth Advisors LLC grew its holdings in iShares MBS ETF by 26.9% during the 3rd quarter. Midland Wealth Advisors LLC now owns 3,196,616 shares of the company’s stock worth $286,481,000 after acquiring an additional 677,722 shares during the period. PNC Financial Services Group Inc. grew its holdings in 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 worth $294,959,000 after acquiring an additional 106,144 shares during the period. Bank of New York Mellon Corp raised its position 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 acquiring an additional 201,354 shares during the last quarter. Finally, Sei Investments Co. raised its position 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 acquiring an additional 108,361 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

MBB stock opened at $90.45 on Friday. The business’s fifty day moving average is $90.91 and its 200-day moving average is $93.61. iShares MBS ETF has a twelve month low of $88.58 and a twelve month high of $96.96.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were paid a dividend of $0.3471 per share. This represents a $4.17 dividend on an annualized basis and a dividend yield of 4.6%. This is a drop from iShares MBS ETF’s previous monthly dividend of $0.3662. The ex-dividend date of this dividend was Monday, November 2nd.

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).