Bank of America Corp DE Increases Holdings in iShares MBS ETF $MBB

Bank of America Corp DE increased its position in iShares MBS ETF (NASDAQ:MBB) by 2.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,329,626 shares of the company’s stock after buying an additional 1,796,449 shares during the quarter. Bank of America Corp DE owned 14.97% of iShares MBS ETF worth $6,039,909,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of MBB. LRI Investments LLC purchased a new position in shares of iShares MBS ETF during the second quarter worth approximately $30,000. Tsfg LLC grew its holdings in shares of iShares MBS ETF by 106.8% during the 2nd quarter. Tsfg LLC now owns 335 shares of the company’s stock valued at $31,000 after purchasing an additional 173 shares during the last quarter. Flaharty Asset Management LLC bought a new position in shares of iShares MBS ETF during the 1st quarter valued at $34,000. MassMutual Private Wealth & Trust FSB raised its position in iShares MBS ETF by 317.2% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock worth $36,000 after purchasing an additional 295 shares during the period. Finally, McIlrath & Eck LLC lifted its stake in iShares MBS ETF by 128.5% in the first quarter. McIlrath & Eck LLC now owns 409 shares of the company’s stock worth $38,000 after purchasing an additional 230 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

NASDAQ MBB opened at $94.95 on Friday. The company has a 50-day simple moving average of $95.43 and a two-hundred day simple moving average of $94.26. 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 announced a monthly dividend, which was paid on Thursday, December 4th. Stockholders of record on Monday, December 1st were paid a $0.3469 dividend. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.34. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

About iShares MBS ETF

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).