Federated Hermes Inc. Has $1.84 Million Position in iShares MBS ETF (NASDAQ:MBB)

Federated Hermes Inc. boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 427.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,504 shares of the company’s stock after buying an additional 15,804 shares during the period. Federated Hermes Inc.’s holdings in iShares MBS ETF were worth $1,835,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of MBB. Simplicity Solutions LLC boosted its stake in shares of iShares MBS ETF by 3.6% in the 4th quarter. Simplicity Solutions LLC now owns 3,367 shares of the company’s stock valued at $317,000 after purchasing an additional 117 shares in the last quarter. CoreCap Advisors LLC boosted its stake in shares of iShares MBS ETF by 4.4% in the 4th quarter. CoreCap Advisors LLC now owns 3,353 shares of the company’s stock valued at $315,000 after purchasing an additional 142 shares in the last quarter. Ellis Investment Partners LLC boosted its stake in shares of iShares MBS ETF by 5.3% in the 4th quarter. Ellis Investment Partners LLC now owns 2,899 shares of the company’s stock valued at $273,000 after purchasing an additional 146 shares in the last quarter. Proffitt & Goodson Inc. boosted its stake in shares of iShares MBS ETF by 0.4% in the 4th quarter. Proffitt & Goodson Inc. now owns 35,782 shares of the company’s stock valued at $3,366,000 after purchasing an additional 153 shares in the last quarter. Finally, Hsbc Holdings PLC boosted its stake in shares of iShares MBS ETF by 0.6% in the 3rd quarter. Hsbc Holdings PLC now owns 27,579 shares of the company’s stock valued at $2,449,000 after purchasing an additional 161 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.4 %

iShares MBS ETF stock opened at $89.80 on Monday. The stock has a 50-day simple moving average of $91.43 and a 200 day simple moving average of $91.23. iShares MBS ETF has a 12-month low of $85.28 and a 12-month high of $95.70.

iShares MBS ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a $0.2827 dividend. The ex-dividend date was Monday, April 1st. This represents a $3.39 dividend on an annualized basis and a dividend yield of 3.78%.

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).