Midwest Trust Co Grows Stock Holdings in iShares MBS ETF $MBB

Midwest Trust Co lifted its stake in iShares MBS ETF (NASDAQ:MBB) by 547.9% during the first quarter, HoldingsChannel.com reports. The firm owned 24,146 shares of the company’s stock after purchasing an additional 20,419 shares during the quarter. Midwest Trust Co’s holdings in iShares MBS ETF were worth $2,293,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in MBB. Bank of Montreal Can raised its stake in iShares MBS ETF by 102.6% during the fourth quarter. Bank of Montreal Can now owns 2,883,524 shares of the company’s stock valued at $274,569,000 after buying an additional 1,460,545 shares during the last quarter. LPL Financial LLC boosted its holdings in iShares MBS ETF by 4.1% in the fourth quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock worth $2,656,940,000 after acquiring an additional 1,104,895 shares in the last quarter. Renaissancere Holdings Ltd. grew its stake in shares of iShares MBS ETF by 34.9% in the third quarter. Renaissancere Holdings Ltd. now owns 3,852,431 shares of the company’s stock worth $366,559,000 after acquiring an additional 997,000 shares during the last quarter. Beacon Pointe Advisors LLC grew its stake in shares of iShares MBS ETF by 1,599.6% in the fourth quarter. Beacon Pointe Advisors LLC now owns 851,186 shares of the company’s stock worth $81,050,000 after acquiring an additional 801,103 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of iShares MBS ETF by 116.0% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,443,343 shares of the company’s stock valued at $137,435,000 after acquiring an additional 775,245 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $93.26 on Tuesday. The business has a fifty day moving average price of $94.23 and a 200-day moving average price of $95.00. iShares MBS ETF has a 1-year low of $92.40 and a 1-year high of $96.96.

iShares MBS ETF Dividend Announcement

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

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).