iShares MBS ETF $MBB Shares Sold by US Bancorp DE

US Bancorp DE cut its holdings in iShares MBS ETF (NASDAQ:MBB) by 2.7% during the 2nd quarter, Holdings Channel reports. The firm owned 462,897 shares of the company’s stock after selling 12,952 shares during the period. US Bancorp DE’s holdings in iShares MBS ETF were worth $43,461,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of MBB. Renaissancere Holdings Ltd. acquired a new stake in iShares MBS ETF during the first quarter worth approximately $267,782,000. LPL Financial LLC boosted its position in iShares MBS ETF by 11.0% during the first quarter. LPL Financial LLC now owns 24,262,602 shares of the company’s stock worth $2,275,347,000 after acquiring an additional 2,404,586 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in iShares MBS ETF during the first quarter worth approximately $98,713,000. Jane Street Group LLC boosted its position in iShares MBS ETF by 2,142.6% during the first quarter. Jane Street Group LLC now owns 949,675 shares of the company’s stock worth $89,061,000 after acquiring an additional 907,328 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC boosted its position in iShares MBS ETF by 2,003.0% during the first quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 941,711 shares of the company’s stock worth $88,314,000 after acquiring an additional 896,932 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $94.92 on Friday. iShares MBS ETF has a 1 year low of $90.28 and a 1 year high of $95.97. The firm’s 50 day moving average price is $94.52 and its 200 day moving average price is $93.38.

iShares MBS ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were given a dividend of $0.3363 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 4.3%.

About iShares MBS ETF

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).