iShares MBS ETF $MBB Stock Position Raised by TIAA Trust National Association

TIAA Trust National Association boosted its holdings in iShares MBS ETF (NASDAQ:MBB) by 5.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 25,364,396 shares of the company’s stock after acquiring an additional 1,399,487 shares during the period. iShares MBS ETF accounts for about 5.9% of TIAA Trust National Association’s investment portfolio, making the stock its 2nd largest position. TIAA Trust National Association owned about 5.76% of iShares MBS ETF worth $2,413,954,000 as of its most recent SEC filing.

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

iShares MBS ETF Price Performance

Shares of MBB stock opened at $96.75 on Friday. The firm has a 50-day moving average price of $95.68 and a 200 day moving average price of $95.28. iShares MBS ETF has a twelve month low of $90.84 and a twelve month high of $96.75.

iShares MBS ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a $0.3347 dividend. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.33. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, February 2nd.

iShares MBS ETF 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).