Resona Asset Management Co. Ltd. Sells 18,888 Shares of iShares MBS ETF $MBB

Resona Asset Management Co. Ltd. trimmed its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 22.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 65,134 shares of the company’s stock after selling 18,888 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in iShares MBS ETF were worth $6,202,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Dakota Wealth Management raised its position in shares of iShares MBS ETF by 20.9% during the third quarter. Dakota Wealth Management now owns 363,649 shares of the company’s stock worth $34,601,000 after acquiring an additional 62,909 shares during the last quarter. Brookstone Capital Management raised its position in shares of iShares MBS ETF by 3.2% during the fourth quarter. Brookstone Capital Management now owns 308,428 shares of the company’s stock worth $29,368,000 after acquiring an additional 9,547 shares during the last quarter. Argent Trust Co grew its stake in iShares MBS ETF by 233.6% during the third quarter. Argent Trust Co now owns 9,790 shares of the company’s stock worth $932,000 after purchasing an additional 6,855 shares during the period. Dearborn Partners LLC acquired a new stake in iShares MBS ETF during the third quarter worth approximately $539,000. Finally, Compound Planning Inc. grew its stake in iShares MBS ETF by 12.6% during the third quarter. Compound Planning Inc. now owns 125,204 shares of the company’s stock worth $11,913,000 after purchasing an additional 13,979 shares during the period. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Up 0.2%

NASDAQ MBB opened at $94.08 on Friday. The business has a 50 day simple moving average of $94.71 and a 200 day simple moving average of $95.26. iShares MBS ETF has a one year low of $91.56 and a one year high of $96.96.

iShares MBS ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a dividend of $0.3346 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a yield of 4.3%.

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).