Hsbc Holdings PLC Buys 11,121 Shares of iShares MBS ETF $MBB

Hsbc Holdings PLC increased its position in iShares MBS ETF (NASDAQ:MBB) by 283.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 15,047 shares of the company’s stock after purchasing an additional 11,121 shares during the period. Hsbc Holdings PLC’s holdings in iShares MBS ETF were worth $1,433,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Bank of America Corp DE grew its position in iShares MBS ETF by 11.8% in the third quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock worth $6,840,878,000 after acquiring an additional 7,566,099 shares in the last quarter. Barclays PLC lifted its stake in shares of iShares MBS ETF by 77.1% in the 3rd quarter. Barclays PLC now owns 7,632,784 shares of the company’s stock valued at $726,259,000 after purchasing an additional 3,322,737 shares during the last quarter. Bank of Montreal Can lifted its stake in shares of iShares MBS ETF by 102.6% in the 4th quarter. Bank of Montreal Can now owns 2,883,524 shares of the company’s stock valued at $274,569,000 after purchasing an additional 1,460,545 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of iShares MBS ETF by 4.1% in the 4th quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock worth $2,656,940,000 after purchasing an additional 1,104,895 shares during the period. Finally, Renaissancere Holdings Ltd. boosted its stake in iShares MBS ETF by 34.9% during the third quarter. Renaissancere Holdings Ltd. now owns 3,852,431 shares of the company’s stock worth $366,559,000 after buying an additional 997,000 shares during the period. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Price Performance

Shares of MBB opened at $94.52 on Wednesday. The company’s fifty day simple moving average is $94.44 and its 200-day simple moving average is $95.09. iShares MBS ETF has a twelve month low of $92.40 and a twelve month high of $96.96.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a $0.3334 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Monday, June 1st.

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).