Ascent Group LLC Raises Stock Holdings in iShares MBS ETF $MBB

Ascent Group LLC lifted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 4.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 258,035 shares of the company’s stock after acquiring an additional 10,978 shares during the quarter. iShares MBS ETF makes up approximately 0.8% of Ascent Group LLC’s holdings, making the stock its 25th biggest position. Ascent Group LLC’s holdings in iShares MBS ETF were worth $24,570,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC bought a new stake in shares of iShares MBS ETF during the fourth quarter valued at approximately $273,000. AQR Capital Management LLC increased its stake in iShares MBS ETF by 11.4% in the 1st quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock worth $950,000 after acquiring an additional 1,034 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of iShares MBS ETF by 13.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock worth $35,521,000 after acquiring an additional 43,527 shares in the last quarter. Hsbc Holdings PLC grew its holdings in shares of iShares MBS ETF by 17.1% in the second quarter. Hsbc Holdings PLC now owns 14,462 shares of the company’s stock valued at $1,358,000 after purchasing an additional 2,108 shares in the last quarter. Finally, Edgestream Partners L.P. bought a new stake in iShares MBS ETF in the second quarter worth $834,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $94.86 on Friday. iShares MBS ETF has a 12-month low of $90.84 and a 12-month high of $96.96. The firm’s 50-day moving average price is $95.53 and its 200-day moving average price is $95.43.

iShares MBS ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st will be issued a $0.3329 dividend. The ex-dividend date is Wednesday, April 1st. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33. This represents a c) annualized dividend and a dividend yield of 4.2%.

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).