Blue Trust Inc. Buys 11,412 Shares of iShares MBS ETF (NASDAQ:MBB)

Blue Trust Inc. lifted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 0.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,263,320 shares of the company’s stock after purchasing an additional 11,412 shares during the quarter. iShares MBS ETF accounts for about 1.5% of Blue Trust Inc.’s portfolio, making the stock its 20th largest position. Blue Trust Inc. owned about 0.32% of iShares MBS ETF worth $118,474,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Principal Financial Group Inc. grew its holdings in iShares MBS ETF by 9.0% during the 4th quarter. Principal Financial Group Inc. now owns 3,293 shares of the company’s stock worth $302,000 after acquiring an additional 272 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in iShares MBS ETF by 4.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,931,127 shares of the company’s stock worth $268,726,000 after acquiring an additional 121,689 shares during the last quarter. ArborFi Advisors LLC bought a new stake in iShares MBS ETF during the 4th quarter worth approximately $2,344,000. Proficio Capital Partners LLC grew its holdings in iShares MBS ETF by 54.0% during the 4th quarter. Proficio Capital Partners LLC now owns 84,964 shares of the company’s stock worth $7,790,000 after acquiring an additional 29,809 shares during the last quarter. Finally, Voisard Asset Management Group Inc. grew its holdings in iShares MBS ETF by 2,221.2% during the 4th quarter. Voisard Asset Management Group Inc. now owns 82,102 shares of the company’s stock worth $7,527,000 after acquiring an additional 78,565 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

MBB opened at $92.74 on Thursday. iShares MBS ETF has a fifty-two week low of $90.28 and a fifty-two week high of $96.76. The company’s 50 day moving average price is $92.42 and its two-hundred day moving average price is $92.49.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were issued a dividend of $0.3251 per share. This represents a $3.90 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date of this dividend was Monday, June 2nd.

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).