iShares MBS ETF (NASDAQ:MBB) Stake Boosted by US Bancorp DE

US Bancorp DE increased its position in shares of iShares MBS ETF (NASDAQ:MBB) by 38.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,062,436 shares of the company’s stock after acquiring an additional 572,550 shares during the period. US Bancorp DE owned about 0.67% of iShares MBS ETF worth $194,034,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Simplicity Solutions LLC lifted its holdings in shares of iShares MBS ETF by 3.6% during the 4th quarter. Simplicity Solutions LLC now owns 3,367 shares of the company’s stock worth $317,000 after acquiring an additional 117 shares during the period. CoreCap Advisors LLC lifted its stake in iShares MBS ETF by 4.4% during the fourth quarter. CoreCap Advisors LLC now owns 3,353 shares of the company’s stock worth $315,000 after purchasing an additional 142 shares during the period. Ellis Investment Partners LLC boosted its holdings in iShares MBS ETF by 5.3% during the fourth quarter. Ellis Investment Partners LLC now owns 2,899 shares of the company’s stock valued at $273,000 after purchasing an additional 146 shares in the last quarter. Proffitt & Goodson Inc. grew its stake in shares of iShares MBS ETF by 0.4% in the 4th quarter. Proffitt & Goodson Inc. now owns 35,782 shares of the company’s stock valued at $3,366,000 after purchasing an additional 153 shares during the period. Finally, Hsbc Holdings PLC grew its stake in shares of iShares MBS ETF by 0.6% in the 3rd quarter. Hsbc Holdings PLC now owns 27,579 shares of the company’s stock valued at $2,449,000 after purchasing an additional 161 shares during the period. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

Shares of iShares MBS ETF stock traded down $0.29 during midday trading on Thursday, hitting $90.97. 1,562,291 shares of the company were exchanged, compared to its average volume of 2,591,485. The firm has a 50 day simple moving average of $91.00 and a 200-day simple moving average of $91.70. iShares MBS ETF has a 52 week low of $85.28 and a 52 week high of $94.55.

iShares MBS ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were issued a dividend of $0.2823 per share. The ex-dividend date was Wednesday, May 1st. This represents a $3.39 dividend on an annualized basis and a dividend yield of 3.72%.

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).