Bank of New York Mellon Corp Has $193.86 Million Position in iShares MBS ETF $MBB

Bank of New York Mellon Corp decreased its stake in iShares MBS ETF (NASDAQ:MBB) by 33.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,037,455 shares of the company’s stock after selling 1,031,479 shares during the period. Bank of New York Mellon Corp owned 0.46% of iShares MBS ETF worth $193,864,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in MBB. TIAA Trust National Association raised its holdings in iShares MBS ETF by 349.3% during the 2nd quarter. TIAA Trust National Association now owns 23,964,909 shares of the company’s stock worth $2,245,510,000 after purchasing an additional 18,631,536 shares during the last quarter. Bank of America Corp DE increased its position in shares of iShares MBS ETF by 2.9% during the second quarter. Bank of America Corp DE now owns 64,329,626 shares of the company’s stock worth $6,039,909,000 after buying an additional 1,796,449 shares during the period. Prudential Financial Inc. raised its stake in iShares MBS ETF by 10,569.3% during the second quarter. Prudential Financial Inc. now owns 1,463,719 shares of the company’s stock worth $137,429,000 after buying an additional 1,450,000 shares during the last quarter. Annex Advisory Services LLC acquired a new position in iShares MBS ETF in the third quarter valued at $81,869,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in iShares MBS ETF by 82.0% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,373,804 shares of the company’s stock valued at $128,986,000 after buying an additional 619,114 shares during the period. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Trading Down 0.1%

Shares of iShares MBS ETF stock opened at $95.69 on Friday. The business has a 50-day moving average price of $95.42 and a two-hundred day moving average price of $94.91. iShares MBS ETF has a 1-year low of $90.84 and a 1-year high of $96.25.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a dividend of $0.334 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a yield of 4.2%.

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). 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).