Nixon Peabody Trust Co. Makes New Investment in iShares MBS ETF $MBB

Nixon Peabody Trust Co. acquired a new position in iShares MBS ETF (NASDAQ:MBB) during the first quarter, according to its most recent filing with the SEC. The firm acquired 9,507 shares of the company’s stock, valued at approximately $903,000.

Several other hedge funds have also recently made changes to their positions in the business. Brighton Jones LLC purchased a new position in iShares MBS ETF during the 4th quarter valued at $273,000. AQR Capital Management LLC raised its holdings in iShares MBS ETF by 11.4% in the 1st quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock worth $950,000 after purchasing an additional 1,034 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of iShares MBS ETF by 13.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock worth $35,521,000 after purchasing an additional 43,527 shares during the period. Invesco Ltd. lifted its position in shares of iShares MBS ETF by 2.5% in the 2nd quarter. Invesco Ltd. now owns 11,446 shares of the company’s stock worth $1,075,000 after purchasing an additional 279 shares during the period. Finally, Flow Traders U.S. LLC bought a new stake in shares of iShares MBS ETF during the 2nd quarter valued at about $240,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $94.13 on Friday. iShares MBS ETF has a 1 year low of $92.40 and a 1 year high of $96.96. The company’s 50-day moving average is $94.37 and its 200 day moving average is $95.06.

iShares MBS ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be given a dividend of $0.3373 per share. The ex-dividend date of this dividend is 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).