Sei Investments Co. Has $207.08 Million Stake in iShares MBS ETF $MBB

Sei Investments Co. increased its position in shares of iShares MBS ETF (NASDAQ:MBB) by 12.4% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 2,176,254 shares of the company’s stock after buying an additional 240,833 shares during the quarter. Sei Investments Co.’s holdings in iShares MBS ETF were worth $207,079,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Brighton Jones LLC acquired a new position in iShares MBS ETF in the 4th quarter valued at approximately $273,000. AQR Capital Management LLC grew its stake in shares of iShares MBS ETF by 11.4% in the 1st quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock valued at $950,000 after purchasing an additional 1,034 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of iShares MBS ETF by 13.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock worth $35,521,000 after buying an additional 43,527 shares during the period. Prospera Financial Services Inc boosted its stake in iShares MBS ETF by 5.5% in the 2nd quarter. Prospera Financial Services Inc now owns 7,752 shares of the company’s stock valued at $730,000 after buying an additional 407 shares in the last quarter. Finally, Midwest Trust Co acquired a new stake in iShares MBS ETF in the 2nd quarter valued at $316,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.3%

Shares of NASDAQ:MBB opened at $94.88 on Friday. The business’s fifty day moving average price is $95.77 and its two-hundred day moving average price is $95.43. iShares MBS ETF has a fifty-two week low of $90.84 and a fifty-two week high of $96.96.

iShares MBS ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.3278 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.1%.

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). 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).