iShares MBS ETF $MBB Shares Purchased by Balefire LLC

Balefire LLC lifted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 37.3% during the 3rd quarter, Holdings Channel reports. The fund owned 26,435 shares of the company’s stock after buying an additional 7,179 shares during the quarter. Balefire LLC’s holdings in iShares MBS ETF were worth $2,369,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Shelter Ins Retirement Plan purchased a new position in iShares MBS ETF during the second quarter worth about $12,335,042,000. Envestnet Asset Management Inc. raised its holdings 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 in the last quarter. PNC Financial Services Group Inc. lifted its position 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 worth $294,959,000 after purchasing an additional 106,144 shares during the last quarter. Bank of New York Mellon Corp boosted 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 worth $219,783,000 after acquiring an additional 201,354 shares in the last quarter. Finally, Sei Investments Co. boosted its holdings in iShares MBS ETF by 5.2% in the first 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 in the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Trading Up 0.1%

Shares of NASDAQ MBB traded up $0.06 during mid-day trading on Friday, reaching $89.79. The company had a trading volume of 3,817,711 shares, compared to its average volume of 3,127,477. The firm has a 50 day simple moving average of $91.94 and a two-hundred day simple moving average of $93.49. iShares MBS ETF has a 52-week low of $88.58 and a 52-week high of $96.96.

iShares MBS ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a dividend of $0.3662 per share. This represents a $4.39 dividend on an annualized basis and a dividend yield of 4.9%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.3388. The ex-dividend date was Thursday, October 1st.

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).