C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Takes $9.96 Million Position in iShares MBS ETF $MBB

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in shares of iShares MBS ETF (NASDAQ:MBB) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 104,656 shares of the company’s stock, valued at approximately $9,958,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. TIAA Trust National Association increased its position in 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 purchasing an additional 18,631,536 shares during the period. Bank of America Corp DE increased its position in iShares MBS ETF by 2.9% in the 2nd quarter. Bank of America Corp DE now owns 64,329,626 shares of the company’s stock valued at $6,039,909,000 after buying an additional 1,796,449 shares in the last quarter. Prudential Financial Inc. increased its holdings in shares of iShares MBS ETF by 10,569.3% during the second quarter. Prudential Financial Inc. now owns 1,463,719 shares of the company’s stock valued at $137,429,000 after acquiring an additional 1,450,000 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in shares of iShares MBS ETF in the 1st quarter worth $98,713,000. Finally, Jane Street Group LLC increased its stake in iShares MBS ETF by 2,142.6% during the 1st 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 in the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

Shares of iShares MBS ETF stock opened at $95.14 on Friday. The business has a 50 day moving average price of $95.35 and a 200-day moving average price of $94.57. iShares MBS ETF has a 52 week low of $90.28 and a 52 week high of $96.25.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a $0.334 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Friday, December 19th.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).