Bedminster LLC Takes $736,000 Position in iShares MBS ETF $MBB

Bedminster LLC bought a new stake in iShares MBS ETF (NASDAQ:MBB) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 7,728 shares of the company’s stock, valued at approximately $736,000. iShares MBS ETF comprises 0.7% of Bedminster LLC’s investment portfolio, making the stock its 22nd largest position.

Several other institutional investors and hedge funds have also made changes to their positions in MBB. Brighton Jones LLC purchased a new stake in shares of iShares MBS ETF in the 4th quarter valued at about $273,000. AQR Capital Management LLC lifted its holdings 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 last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of iShares MBS ETF by 13.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock valued at $35,521,000 after purchasing an additional 43,527 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of iShares MBS ETF by 2.5% in the 2nd quarter. Invesco Ltd. now owns 11,446 shares of the company’s stock valued at $1,075,000 after purchasing an additional 279 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in shares of iShares MBS ETF in the 2nd quarter valued at about $240,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

iShares MBS ETF stock opened at $94.27 on Friday. iShares MBS ETF has a fifty-two week low of $91.19 and a fifty-two week high of $96.96. The stock has a 50-day simple moving average of $94.95 and a 200-day simple moving average of $95.35.

iShares MBS ETF Dividend Announcement

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