Federated Hermes Inc. Has $26.16 Million Stock Position in iShares MBS ETF $MBB

Federated Hermes Inc. boosted its position in iShares MBS ETF (NASDAQ:MBB) by 23.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 278,570 shares of the company’s stock after buying an additional 53,600 shares during the quarter. Federated Hermes Inc. owned approximately 0.06% of iShares MBS ETF worth $26,155,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of MBB. LRI Investments LLC acquired a new position in iShares MBS ETF during the 2nd quarter worth $30,000. Headlands Technologies LLC bought a new position in shares of iShares MBS ETF in the first quarter worth about $31,000. Tsfg LLC increased its stake in shares of iShares MBS ETF by 106.8% in the second quarter. Tsfg LLC now owns 335 shares of the company’s stock worth $31,000 after purchasing an additional 173 shares during the period. Flaharty Asset Management LLC bought a new stake in iShares MBS ETF during the 1st quarter valued at approximately $34,000. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in iShares MBS ETF by 317.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock valued at $36,000 after purchasing an additional 295 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.1%

MBB opened at $94.82 on Wednesday. The stock’s 50 day moving average price is $95.43 and its two-hundred day moving average price is $94.23. iShares MBS ETF has a 12-month low of $90.28 and a 12-month high of $96.25.

iShares MBS ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, December 4th. Stockholders of record on Monday, December 1st were paid a $0.3469 dividend. The ex-dividend date was Monday, December 1st. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.34. This represents a c) annualized dividend and a dividend yield of 4.4%.

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).