CI Investments Inc. Sells 12,210 Shares of iShares MBS ETF $MBB

CI Investments Inc. lessened its stake in iShares MBS ETF (NASDAQ:MBB) by 20.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,247 shares of the company’s stock after selling 12,210 shares during the quarter. CI Investments Inc.’s holdings in iShares MBS ETF were worth $4,486,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. LPL Financial LLC lifted its stake in iShares MBS ETF by 4.1% during the 4th quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock valued at $2,656,940,000 after acquiring an additional 1,104,895 shares during the period. TIAA Trust National Association grew its stake in shares of iShares MBS ETF by 2.5% in the fourth quarter. TIAA Trust National Association now owns 26,010,786 shares of the company’s stock worth $2,479,899,000 after acquiring an additional 646,390 shares during the period. Morgan Stanley grew its stake in shares of iShares MBS ETF by 4.1% in the fourth quarter. Morgan Stanley now owns 9,852,362 shares of the company’s stock worth $938,142,000 after acquiring an additional 383,629 shares during the period. Truist Financial Corp raised its holdings in shares of iShares MBS ETF by 8.7% during the fourth quarter. Truist Financial Corp now owns 3,937,384 shares of the company’s stock valued at $374,918,000 after purchasing an additional 316,717 shares during the last quarter. Finally, Renaissancere Holdings Ltd. raised its holdings in shares of iShares MBS ETF by 34.9% during the third quarter. Renaissancere Holdings Ltd. now owns 3,852,431 shares of the company’s stock valued at $366,559,000 after purchasing an additional 997,000 shares during the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

MBB stock opened at $92.88 on Friday. The business’s 50-day moving average is $94.06 and its two-hundred day moving average is $94.90. iShares MBS ETF has a fifty-two week low of $92.43 and a fifty-two week high of $96.96.

iShares MBS ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.3373 dividend. The ex-dividend date of this dividend was Wednesday, July 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). 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).