Bank of New York Mellon Corp Has $219.78 Million Stake in iShares MBS ETF $MBB

Bank of New York Mellon Corp raised its position in shares of iShares MBS ETF (NASDAQ:MBB) by 9.5% during the first quarter, HoldingsChannel.com reports. The fund owned 2,314,725 shares of the company’s stock after buying an additional 201,354 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares MBS ETF were worth $219,783,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of MBB. ESL Trust Services LLC bought a new position in shares of iShares MBS ETF in the 4th quarter worth about $28,000. Brown Lisle Cummings Inc. bought a new stake in shares of iShares MBS ETF during the 1st quarter valued at about $28,000. First Community Trust NA bought a new stake in shares of iShares MBS ETF during the 1st quarter valued at about $32,000. Nemes Rush Group LLC boosted its position in shares of iShares MBS ETF by 132.9% during the 4th quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock valued at $34,000 after purchasing an additional 206 shares in the last quarter. Finally, Aventura Private Wealth LLC acquired a new stake in iShares MBS ETF during the fourth quarter worth approximately $35,000. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Trading Up 0.0%

Shares of MBB stock opened at $93.78 on Friday. The stock has a 50 day simple moving average of $94.15 and a two-hundred day simple moving average of $94.96. iShares MBS ETF has a fifty-two week low of $92.43 and a fifty-two week high of $96.96.

iShares MBS ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.3373 per share. The ex-dividend date of this dividend was Wednesday, July 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).