Bedminster LLC Acquires Shares of 7,728 iShares MBS ETF $MBB

Bedminster LLC acquired a new stake in shares of iShares MBS ETF (NASDAQ:MBB) in the 4th quarter, HoldingsChannel reports. The firm acquired 7,728 shares of the company’s stock, valued at approximately $736,000. iShares MBS ETF comprises about 0.7% of Bedminster LLC’s portfolio, making the stock its 22nd biggest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Bank of America Corp DE raised its stake in iShares MBS ETF by 11.8% during the 3rd quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock valued at $6,840,878,000 after acquiring an additional 7,566,099 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares MBS ETF by 2.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock valued at $4,917,131,000 after acquiring an additional 1,182,620 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in iShares MBS ETF by 2.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 27,494,519 shares of the company’s stock valued at $2,616,104,000 after acquiring an additional 727,070 shares during the last quarter. TIAA Trust National Association raised its stake in iShares MBS ETF by 5.8% during the 3rd quarter. TIAA Trust National Association now owns 25,364,396 shares of the company’s stock valued at $2,413,954,000 after acquiring an additional 1,399,487 shares during the last quarter. Finally, Fisher Asset Management LLC increased its position in iShares MBS ETF by 5.7% during the 3rd quarter. Fisher Asset Management LLC now owns 22,503,900 shares of the company’s stock worth $2,141,246,000 after purchasing an additional 1,206,273 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Down 0.1%

NASDAQ MBB opened at $94.27 on Friday. The business’s 50 day moving average is $94.95 and its two-hundred day moving average is $95.35. iShares MBS ETF has a 12-month low of $91.19 and a 12-month high of $96.96.

iShares MBS ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were given a dividend of $0.3346 per share. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a yield of 4.3%.

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).