Mather Group LLC. Purchases 24,067 Shares of iShares MBS ETF $MBB

Mather Group LLC. purchased a new stake in iShares MBS ETF (NASDAQ:MBB) in the third quarter, Holdings Channel reports. The institutional investor purchased 24,067 shares of the company’s stock, valued at approximately $2,157,000.

A number of other large investors also recently modified their holdings of MBB. Shelter Ins Retirement Plan acquired a new stake in shares of iShares MBS ETF during the 2nd quarter valued at $12,335,042,000. Envestnet Asset Management Inc. increased its holdings in iShares MBS ETF by 6.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 30,910,875 shares of the company’s stock worth $2,921,648,000 after purchasing an additional 2,006,656 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in iShares MBS ETF by 3.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,106,470 shares of the company’s stock worth $294,959,000 after purchasing an additional 106,144 shares in the last quarter. Bank of New York Mellon Corp raised its position in iShares MBS ETF by 9.5% in the first quarter. Bank of New York Mellon Corp now owns 2,314,725 shares of the company’s stock valued at $219,783,000 after purchasing an additional 201,354 shares during the last quarter. Finally, Sei Investments Co. raised its position in iShares MBS ETF by 5.2% in the first quarter. Sei Investments Co. now owns 2,194,447 shares of the company’s stock valued at $208,335,000 after purchasing an additional 108,361 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Price Performance

iShares MBS ETF stock traded down $0.07 during trading hours on Friday, hitting $90.52. The stock had a trading volume of 2,630,289 shares, compared to its average volume of 3,225,338. iShares MBS ETF has a one year low of $88.58 and a one year high of $96.96. The business’s 50 day simple moving average is $91.58 and its 200-day simple moving average is $93.32.

iShares MBS ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.3662 per share. This represents a $4.39 annualized dividend and a dividend yield of 4.9%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.3388. The ex-dividend date was Thursday, October 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).