135,000 Shares in iShares MBS ETF $MBB Purchased by iA Global Asset Management Inc.

iA Global Asset Management Inc. acquired a new position in iShares MBS ETF (NASDAQ:MBB) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 135,000 shares of the company’s stock, valued at approximately $12,818,000.

Several other large investors have also modified their holdings of the business. ESL Trust Services LLC purchased a new position in iShares MBS ETF during the 4th quarter valued at $28,000. Brown Lisle Cummings Inc. purchased a new stake in iShares MBS ETF in the first quarter worth $28,000. First Community Trust NA purchased a new stake in iShares MBS ETF in the first quarter worth $32,000. Nemes Rush Group LLC lifted its position in shares of iShares MBS ETF by 132.9% during the fourth quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock worth $34,000 after purchasing an additional 206 shares during the last quarter. Finally, Wealth Watch Advisors INC bought a new stake in shares of iShares MBS ETF during the third quarter worth $35,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB opened at $94.52 on Wednesday. The firm has a fifty day moving average price of $94.44 and a 200-day moving average price of $95.09. iShares MBS ETF has a 12-month low of $92.40 and a 12-month high of $96.96.

iShares MBS ETF Cuts Dividend

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

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).