Allspring Global Investments Holdings LLC Boosts Stake in iShares MBS ETF (NASDAQ:MBB)

Allspring Global Investments Holdings LLC grew its stake in shares of iShares MBS ETF (NASDAQ:MBBFree Report) by 3.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 288,623 shares of the company’s stock after buying an additional 10,412 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.09% of iShares MBS ETF worth $26,675,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Midland Wealth Advisors LLC bought a new stake in iShares MBS ETF in the 4th quarter worth $151,461,000. Quotient Wealth Partners LLC purchased a new position in iShares MBS ETF during the 4th quarter valued at about $138,573,000. Charles Schwab Investment Advisory Inc. lifted its position in 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 period. International Assets Investment Management LLC purchased a new position in iShares MBS ETF during the 4th quarter valued at about $62,524,000. Finally, US Bancorp DE lifted its position in iShares MBS ETF by 38.4% during the 4th quarter. US Bancorp DE now owns 2,062,436 shares of the company’s stock valued at $194,034,000 after acquiring an additional 572,550 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of NASDAQ MBB opened at $92.24 on Friday. iShares MBS ETF has a 1 year low of $85.28 and a 1 year high of $94.55. The firm has a 50-day moving average of $91.42 and a 200 day moving average of $91.93.

iShares MBS ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were issued a $0.3053 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $3.66 annualized dividend and a yield of 3.97%.

iShares MBS ETF Company Profile

(Free Report)

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).

See Also

Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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