iShares MBS ETF $MBB Stake Boosted by Stockman Wealth Management Inc.

Stockman Wealth Management Inc. lifted its holdings in iShares MBS ETF (NASDAQ:MBB) by 42.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 423,876 shares of the company’s stock after buying an additional 125,803 shares during the period. iShares MBS ETF makes up 5.4% of Stockman Wealth Management Inc.’s holdings, making the stock its biggest position. Stockman Wealth Management Inc. owned 0.10% of iShares MBS ETF worth $39,798,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of MBB. Renaissancere Holdings Ltd. purchased a new position in shares of iShares MBS ETF in the first quarter worth about $267,782,000. LPL Financial LLC lifted its stake in shares of iShares MBS ETF by 11.0% in the first quarter. LPL Financial LLC now owns 24,262,602 shares of the company’s stock worth $2,275,347,000 after buying an additional 2,404,586 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in shares of iShares MBS ETF in the first quarter worth about $98,713,000. Jane Street Group LLC raised its stake in iShares MBS ETF by 2,142.6% during the first quarter. Jane Street Group LLC now owns 949,675 shares of the company’s stock worth $89,061,000 after purchasing an additional 907,328 shares during the period. Finally, Cliftonlarsonallen Wealth Advisors LLC raised its stake in iShares MBS ETF by 2,003.0% during the first quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 941,711 shares of the company’s stock worth $88,314,000 after purchasing an additional 896,932 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Up 0.0%

Shares of MBB stock opened at $94.99 on Friday. The firm’s 50-day moving average is $94.16 and its two-hundred day moving average is $93.27. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $96.24.

iShares MBS ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 5th. Shareholders of record on Tuesday, September 2nd were paid a dividend of $0.3383 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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).