Constellation Investments Inc. Cuts Holdings in iShares MBS ETF $MBB

Constellation Investments Inc. lessened its stake in iShares MBS ETF (NASDAQ:MBB) by 9.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 495,924 shares of the company’s stock after selling 52,076 shares during the period. iShares MBS ETF accounts for 2.2% of Constellation Investments Inc.’s portfolio, making the stock its 9th biggest holding. Constellation Investments Inc.’s holdings in iShares MBS ETF were worth $47,187,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. TIAA Trust National Association raised its position in shares of 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 buying an additional 18,631,536 shares in the last quarter. Bank of America Corp DE increased its stake 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 valued at $6,039,909,000 after acquiring an additional 1,796,449 shares during the period. Prudential Financial Inc. raised its holdings 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 purchasing an additional 1,450,000 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in iShares MBS ETF during the first quarter worth approximately $98,713,000. Finally, Jane Street Group LLC lifted its position in iShares MBS ETF by 2,142.6% in the first quarter. Jane Street Group LLC now owns 949,675 shares of the company’s stock worth $89,061,000 after purchasing an additional 907,328 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.2%

Shares of NASDAQ MBB opened at $95.22 on Friday. iShares MBS ETF has a 1 year low of $90.28 and a 1 year high of $96.25. The stock has a fifty day moving average price of $95.36 and a two-hundred day moving average price of $94.56.

iShares MBS ETF Cuts Dividend

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

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).