Sumitomo Mitsui Financial Group Inc. Purchases 13,154 Shares of iShares MBS ETF $MBB

Sumitomo Mitsui Financial Group Inc. boosted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 3.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 453,542 shares of the company’s stock after acquiring an additional 13,154 shares during the period. iShares MBS ETF makes up about 0.8% of Sumitomo Mitsui Financial Group Inc.’s investment portfolio, making the stock its 23rd largest position. Sumitomo Mitsui Financial Group Inc.’s holdings in iShares MBS ETF were worth $43,186,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the company. Graetz Wealth LLC bought a new position in iShares MBS ETF during the 4th quarter worth about $246,000. MIdWestOne Financial Group Inc. increased its holdings in iShares MBS ETF by 15.7% during the 4th quarter. MIdWestOne Financial Group Inc. now owns 21,334 shares of the company’s stock worth $2,031,000 after purchasing an additional 2,894 shares in the last quarter. Stirlingshire Investments Inc. bought a new position in iShares MBS ETF during the 4th quarter worth about $255,000. Gateway Wealth Partners LLC increased its holdings in iShares MBS ETF by 27.9% during the 4th quarter. Gateway Wealth Partners LLC now owns 24,982 shares of the company’s stock worth $2,379,000 after purchasing an additional 5,449 shares in the last quarter. Finally, Mill Capital Management LLC increased its holdings in iShares MBS ETF by 11.4% during the 4th quarter. Mill Capital Management LLC now owns 2,060 shares of the company’s stock worth $196,000 after purchasing an additional 210 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.6%

MBB stock opened at $94.52 on Friday. The stock has a 50-day moving average price of $94.57 and a two-hundred day moving average price of $95.16. iShares MBS ETF has a 1 year low of $92.38 and a 1 year high of $96.96.

iShares MBS ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a dividend of $0.3334 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Monday, June 1st.

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).