Sumitomo Mitsui Financial Group Inc. Acquires 6,440 Shares of iShares MBS ETF $MBB

Sumitomo Mitsui Financial Group Inc. boosted its holdings in iShares MBS ETF (NASDAQ:MBB) by 1.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 440,388 shares of the company’s stock after purchasing an additional 6,440 shares during the quarter. iShares MBS ETF accounts for about 0.7% of Sumitomo Mitsui Financial Group Inc.’s portfolio, making the stock its 22nd largest holding. Sumitomo Mitsui Financial Group Inc. owned approximately 0.10% of iShares MBS ETF worth $41,903,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. FSC Wealth Advisors LLC increased its holdings in shares of iShares MBS ETF by 1.3% during the second quarter. FSC Wealth Advisors LLC now owns 8,559 shares of the company’s stock worth $804,000 after purchasing an additional 107 shares during the period. FWG Investments LLC. grew its position in iShares MBS ETF by 4.0% during the third quarter. FWG Investments LLC. now owns 2,858 shares of the company’s stock worth $272,000 after buying an additional 109 shares in the last quarter. Creekmur Asset Management LLC grew its position in iShares MBS ETF by 21.5% during the second quarter. Creekmur Asset Management LLC now owns 621 shares of the company’s stock worth $58,000 after buying an additional 110 shares in the last quarter. Alesco Advisors LLC increased its stake in iShares MBS ETF by 0.8% during the 3rd quarter. Alesco Advisors LLC now owns 13,395 shares of the company’s stock worth $1,275,000 after acquiring an additional 110 shares during the period. Finally, Lynx Investment Advisory raised its holdings in iShares MBS ETF by 4.5% in the 3rd quarter. Lynx Investment Advisory now owns 2,575 shares of the company’s stock valued at $245,000 after acquiring an additional 110 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.2%

NASDAQ:MBB opened at $96.75 on Friday. iShares MBS ETF has a fifty-two week low of $90.84 and a fifty-two week high of $96.75. The stock has a fifty day moving average price of $95.68 and a 200-day moving average price of $95.28.

iShares MBS ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.3347 per share. The ex-dividend date was Monday, February 2nd. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33. 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).