Bank of New York Mellon Corp Has $201.24 Million Stock Position in iShares MBS ETF $MBB

Bank of New York Mellon Corp grew its position in iShares MBS ETF (NASDAQ:MBB) by 3.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,113,371 shares of the company’s stock after buying an additional 75,916 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.51% of iShares MBS ETF worth $201,235,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Howe & Rusling Inc. raised its position in iShares MBS ETF by 184.0% during the third quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock valued at $27,000 after acquiring an additional 184 shares in the last quarter. ESL Trust Services LLC bought a new position in iShares MBS ETF during the fourth quarter worth $28,000. Wealth Watch Advisors INC bought a new position in iShares MBS ETF during the third quarter worth $35,000. Aventura Private Wealth LLC acquired a new stake in iShares MBS ETF during the fourth quarter worth $35,000. Finally, Key Financial Inc boosted its stake in iShares MBS ETF by 96.9% during the fourth quarter. Key Financial Inc now owns 380 shares of the company’s stock worth $36,000 after buying an additional 187 shares in the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Down 0.5%

MBB opened at $93.74 on Friday. iShares MBS ETF has a fifty-two week low of $91.56 and a fifty-two week high of $96.96. The firm’s fifty day moving average price is $94.60 and its two-hundred day moving average price is $95.19.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a dividend of $0.3334 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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).