Mirae Asset Global Investments Co. Ltd. Purchases 168,114 Shares of iShares MBS ETF $MBB

Mirae Asset Global Investments Co. Ltd. grew its position in iShares MBS ETF (NASDAQ:MBB) by 12.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,538,535 shares of the company’s stock after buying an additional 168,114 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned 0.37% of iShares MBS ETF worth $146,499,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Howe & Rusling Inc. lifted its stake in iShares MBS ETF by 184.0% in the third quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock worth $27,000 after acquiring an additional 184 shares during the period. Westfuller Advisors LLC purchased a new position in iShares MBS ETF during the third quarter valued at approximately $33,000. Aventura Private Wealth LLC bought a new position in iShares MBS ETF in the fourth quarter worth approximately $35,000. Wealth Watch Advisors INC purchased a new stake in iShares MBS ETF during the third quarter worth $35,000. Finally, Toth Financial Advisory Corp bought a new stake in iShares MBS ETF during the 4th quarter valued at $41,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.0%

Shares of NASDAQ:MBB opened at $95.25 on Friday. iShares MBS ETF has a 12-month low of $91.19 and a 12-month high of $96.96. The business’s fifty day simple moving average is $95.45 and its 200-day simple moving average is $95.43.

iShares MBS ETF Increases Dividend

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

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).