iShares MBS ETF $MBB Shares Newly Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new stake in iShares MBS ETF (NASDAQ:MBB) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 839,309 shares of the company’s stock, valued at approximately $75,219,000. Mirae Asset Global Investments Co. Ltd. owned about 0.22% of iShares MBS ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Montgomery Financial Services LLC acquired a new stake in iShares MBS ETF in the 2nd quarter valued at approximately $27,000. Field & Main Bank bought a new position in iShares MBS ETF in the 2nd quarter worth approximately $30,000. Beaird Harris Wealth Management LLC bought a new position in iShares MBS ETF in the 2nd quarter worth approximately $34,000. Laurel Wealth Advisors LLC acquired a new position in shares of iShares MBS ETF during the third quarter worth approximately $36,000. Finally, Signaturefd LLC acquired a new position in shares of iShares MBS ETF during the third quarter worth approximately $36,000. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Trading Up 0.4%

Shares of MBB stock opened at $92.05 on Friday. iShares MBS ETF has a 12 month low of $88.58 and a 12 month high of $96.96. The stock has a 50 day moving average of $91.20 and a 200-day moving average of $93.79.

iShares MBS ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.3662 per share. This represents a $4.39 dividend on an annualized basis and a yield of 4.8%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.3388. The ex-dividend date of this dividend 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).