Fifth Third Bancorp Raises Holdings in iShares MBS ETF $MBB

Fifth Third Bancorp grew its position in shares of iShares MBS ETF (NASDAQ:MBBFree Report) by 13.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,312 shares of the company’s stock after purchasing an additional 397 shares during the quarter. Fifth Third Bancorp’s holdings in iShares MBS ETF were worth $311,000 as of its most recent filing with the SEC.

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

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $95.15 on Wednesday. iShares MBS ETF has a 52 week low of $90.28 and a 52 week high of $96.00. The company has a 50-day moving average price of $94.24 and a 200 day moving average price of $93.29.

iShares MBS ETF Dividend Announcement

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

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).

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

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