Asset Management One Co. Ltd. Sells 35,118 Shares of iShares MBS ETF $MBB

Asset Management One Co. Ltd. reduced its stake in iShares MBS ETF (NASDAQ:MBB) by 3.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,013,156 shares of the company’s stock after selling 35,118 shares during the period. Asset Management One Co. Ltd. owned 0.25% of iShares MBS ETF worth $96,706,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in MBB. Brighton Jones LLC purchased a new stake in iShares MBS ETF in the fourth quarter worth approximately $273,000. AQR Capital Management LLC grew its stake in iShares MBS ETF by 11.4% during the first quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock valued at $950,000 after acquiring an additional 1,034 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of iShares MBS ETF by 13.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock worth $35,521,000 after buying an additional 43,527 shares during the last quarter. Invesco Ltd. increased its holdings in shares of iShares MBS ETF by 2.5% in the 2nd quarter. Invesco Ltd. now owns 11,446 shares of the company’s stock worth $1,075,000 after buying an additional 279 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in shares of iShares MBS ETF during the 2nd quarter worth about $240,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

iShares MBS ETF stock opened at $95.55 on Friday. iShares MBS ETF has a 1 year low of $91.19 and a 1 year high of $96.96. The firm has a 50-day moving average of $95.45 and a two-hundred day moving average of $95.43.

iShares MBS ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were issued a $0.3329 dividend. The ex-dividend date was Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 4.2%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.33.

iShares MBS ETF 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). 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).