Ascent Group LLC Acquires 12,732 Shares of iShares MBS ETF $MBB

Ascent Group LLC lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 5.7% in the second quarter, Holdings Channel.com reports. The fund owned 234,321 shares of the company’s stock after purchasing an additional 12,732 shares during the period. iShares MBS ETF comprises approximately 0.9% of Ascent Group LLC’s portfolio, making the stock its 27th largest holding. Ascent Group LLC’s holdings in iShares MBS ETF were worth $22,000,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. LPL Financial LLC raised its holdings in shares of iShares MBS ETF by 11.0% during the first quarter. LPL Financial LLC now owns 24,262,602 shares of the company’s stock valued at $2,275,347,000 after acquiring an additional 2,404,586 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of iShares MBS ETF by 0.3% during the first quarter. PNC Financial Services Group Inc. now owns 2,939,526 shares of the company’s stock valued at $275,669,000 after acquiring an additional 8,399 shares in the last quarter. Renaissancere Holdings Ltd. bought a new position in shares of iShares MBS ETF during the first quarter valued at approximately $267,782,000. Cetera Investment Advisers raised its holdings in shares of iShares MBS ETF by 17.5% during the first quarter. Cetera Investment Advisers now owns 1,863,533 shares of the company’s stock valued at $174,762,000 after acquiring an additional 277,926 shares in the last quarter. Finally, Midland Wealth Advisors LLC raised its holdings in shares of iShares MBS ETF by 36.7% during the first quarter. Midland Wealth Advisors LLC now owns 1,825,317 shares of the company’s stock valued at $171,178,000 after acquiring an additional 490,393 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of iShares MBS ETF stock opened at $95.09 on Friday. The business has a 50 day moving average of $94.37 and a 200 day moving average of $93.33. iShares MBS ETF has a 52 week low of $90.28 and a 52 week high of $95.97.

iShares MBS ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, October 6th. Investors of record on Wednesday, October 1st will be paid a $0.3363 dividend. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Wednesday, October 1st.

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).