Corient Private Wealth LLC Raises Stake in iShares MBS ETF $MBB

Corient Private Wealth LLC raised its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 6.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 439,274 shares of the company’s stock after acquiring an additional 24,816 shares during the quarter. Corient Private Wealth LLC owned approximately 0.10% of iShares MBS ETF worth $41,243,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Bank of America Corp DE grew its position in shares of iShares MBS ETF by 2.9% during the second quarter. Bank of America Corp DE now owns 64,329,626 shares of the company’s stock valued at $6,039,909,000 after purchasing an additional 1,796,449 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares MBS ETF by 0.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 26,767,449 shares of the company’s stock worth $2,513,079,000 after buying an additional 153,806 shares during the last quarter. TIAA Trust National Association raised its position in shares of iShares MBS ETF by 349.3% during the 2nd quarter. TIAA Trust National Association now owns 23,964,909 shares of the company’s stock valued at $2,245,510,000 after buying an additional 18,631,536 shares in the last quarter. Fisher Asset Management LLC grew its position in iShares MBS ETF by 1.2% in the second quarter. Fisher Asset Management LLC now owns 21,297,627 shares of the company’s stock worth $1,999,634,000 after acquiring an additional 254,658 shares in the last quarter. Finally, Allworth Financial LP raised its position in iShares MBS ETF by 1.6% during the second quarter. Allworth Financial LP now owns 3,101,316 shares of the company’s stock valued at $291,183,000 after purchasing an additional 50,059 shares during the period. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Trading Up 0.2%

MBB stock opened at $95.28 on Wednesday. The firm’s fifty day simple moving average is $95.44 and its two-hundred day simple moving average is $94.33. iShares MBS ETF has a twelve month low of $90.28 and a twelve 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. Shareholders of record on Monday, December 1st were given a dividend of $0.3469 per share. 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) annualized dividend and a 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).