iShares MBS ETF Sees Unusually High Options Volume (NASDAQ:MBB)

iShares MBS ETF (NASDAQ:MBB) was the target of unusually large options trading activity on Wednesday. Stock traders acquired 11,093 put options on the stock. This is an increase of 1,391% compared to the average volume of 744 put options.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its holdings in iShares MBS ETF by 11.1% in the third quarter. JPMorgan Chase & Co. now owns 27,285,852 shares of the company’s stock worth $2,422,987,000 after purchasing an additional 2,719,637 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of iShares MBS ETF by 9.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 13,314,589 shares of the company’s stock worth $1,182,679,000 after acquiring an additional 1,158,175 shares in the last quarter. Charles Schwab Investment Advisory Inc. increased its holdings in shares of iShares MBS ETF by 25.3% during the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 5,460,902 shares of the company’s stock valued at $513,762,000 after acquiring an additional 1,102,208 shares during the last quarter. TIAA Trust National Association bought a new position in shares of iShares MBS ETF in the 3rd quarter valued at approximately $374,403,000. Finally, Stifel Financial Corp lifted its holdings in iShares MBS ETF by 12.6% in the 3rd quarter. Stifel Financial Corp now owns 3,121,046 shares of the company’s stock worth $277,150,000 after purchasing an additional 350,293 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

Shares of iShares MBS ETF stock opened at $90.82 on Thursday. iShares MBS ETF has a 1 year low of $85.28 and a 1 year high of $95.40. The stock has a 50-day moving average price of $91.24 and a 200 day moving average price of $91.40.

iShares MBS ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were given a dividend of $0.2823 per share. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $3.39 dividend on an annualized basis and a yield of 3.73%.

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).