Stephens Inc. AR bought a new stake in shares of iShares MBS ETF (NASDAQ:MBB) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 11,498 shares of the company’s stock, valued at approximately $1,198,000.
A number of other institutional investors have also recently made changes to their positions in MBB. Charles Schwab Investment Advisory Inc. boosted its holdings in iShares MBS ETF by 2,155.9% during the 2nd quarter. Charles Schwab Investment Advisory Inc. now owns 2,517,693 shares of the company’s stock valued at $262,293,000 after acquiring an additional 2,406,086 shares during the period. Jane Street Group LLC purchased a new position in shares of iShares MBS ETF in the 1st quarter valued at about $135,992,000. Cornerstone Wealth Management LLC boosted its stake in shares of iShares MBS ETF by 9,837.5% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 936,606 shares of the company’s stock valued at $9,023,000 after buying an additional 927,181 shares during the period. Barclays PLC boosted its stake in shares of iShares MBS ETF by 865.8% in the 1st quarter. Barclays PLC now owns 609,060 shares of the company’s stock valued at $63,732,000 after buying an additional 546,000 shares during the period. Finally, Fisher Asset Management LLC boosted its stake in shares of iShares MBS ETF by 10.0% in the 1st quarter. Fisher Asset Management LLC now owns 5,057,138 shares of the company’s stock valued at $529,179,000 after buying an additional 461,572 shares during the period.
Shares of MBB opened at $103.90 on Friday. iShares MBS ETF has a 1 year low of $102.93 and a 1 year high of $107.76.
The business also recently disclosed a monthly dividend, which will be paid on Monday, September 10th. Stockholders of record on Wednesday, September 5th will be paid a $0.2293 dividend. This represents a $2.75 annualized dividend and a dividend yield of 2.65%. The ex-dividend date of this dividend is Tuesday, September 4th. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.21.
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).
Further Reading: What is the Book Value of a Share?
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