Bank of New York Mellon Corp Buys 201,354 Shares of iShares MBS ETF $MBB

Bank of New York Mellon Corp grew its stake in iShares MBS ETF (NASDAQ:MBB) by 9.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,314,725 shares of the company’s stock after purchasing an additional 201,354 shares during the period. Bank of New York Mellon Corp owned about 0.57% of iShares MBS ETF worth $219,783,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. ESL Trust Services LLC bought a new stake in iShares MBS ETF during the 4th quarter worth $28,000. Brown Lisle Cummings Inc. acquired a new stake in shares of iShares MBS ETF during the first quarter valued at about $28,000. First Community Trust NA acquired a new stake in shares of iShares MBS ETF during the first quarter valued at about $32,000. Nemes Rush Group LLC grew its holdings in shares of iShares MBS ETF by 132.9% during the fourth quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock worth $34,000 after purchasing an additional 206 shares during the last quarter. Finally, Aventura Private Wealth LLC bought a new stake in shares of iShares MBS ETF during the fourth quarter worth about $35,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Up 0.0%

Shares of NASDAQ MBB opened at $93.78 on Friday. The company has a 50 day simple moving average of $94.15 and a 200 day simple moving average of $94.96. iShares MBS ETF has a 1 year low of $92.43 and a 1 year high of $96.96.

iShares MBS ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.3373 per share. The ex-dividend date was Wednesday, July 1st.

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). 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).