Federated Hermes Inc. Acquires 15,804 Shares of iShares MBS ETF (NASDAQ:MBB)

Federated Hermes Inc. boosted its holdings in iShares MBS ETF (NASDAQ:MBB) by 427.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 19,504 shares of the company’s stock after purchasing an additional 15,804 shares during the quarter. Federated Hermes Inc.’s holdings in iShares MBS ETF were worth $1,835,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Register Financial Advisors LLC increased its holdings in shares of iShares MBS ETF by 584.6% during the fourth quarter. Register Financial Advisors LLC now owns 267 shares of the company’s stock valued at $25,000 after acquiring an additional 228 shares in the last quarter. BluePath Capital Management LLC bought a new stake in shares of iShares MBS ETF during the third quarter valued at approximately $26,000. LFA Lugano Financial Advisors SA bought a new stake in shares of iShares MBS ETF during the fourth quarter valued at approximately $28,000. Kozak & Associates Inc. bought a new stake in shares of iShares MBS ETF during the fourth quarter valued at approximately $31,000. Finally, Howe & Rusling Inc. increased its holdings in shares of iShares MBS ETF by 163.3% during the third quarter. Howe & Rusling Inc. now owns 366 shares of the company’s stock valued at $33,000 after acquiring an additional 227 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

NASDAQ MBB opened at $89.80 on Monday. iShares MBS ETF has a 52 week low of $85.28 and a 52 week high of $95.70. The business has a 50 day moving average price of $91.43 and a 200-day moving average price of $91.23.

iShares MBS ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.2827 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.39 annualized dividend and a dividend yield of 3.78%.

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).