MMA Asset Management LLC Grows Stock Holdings in iShares MBS ETF $MBB

MMA Asset Management LLC lifted its position in iShares MBS ETF (NASDAQ:MBB) by 51.7% during the third quarter, Holdings Channel reports. The institutional investor owned 28,129 shares of the company’s stock after buying an additional 9,590 shares during the quarter. MMA Asset Management LLC’s holdings in iShares MBS ETF were worth $2,676,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Brighton Jones LLC acquired a new stake in iShares MBS ETF in the fourth quarter valued at approximately $273,000. AQR Capital Management LLC lifted its holdings in shares of iShares MBS ETF by 11.4% during the 1st quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock valued at $950,000 after purchasing an additional 1,034 shares during the last quarter. Goldman Sachs Group Inc. boosted 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 in the last quarter. DAVENPORT & Co LLC grew its stake in iShares MBS ETF by 9.2% during the 2nd quarter. DAVENPORT & Co LLC now owns 7,323 shares of the company’s stock worth $688,000 after buying an additional 614 shares during the last quarter. Finally, Vantage Point Financial LLC increased its position in iShares MBS ETF by 4.0% during the 2nd quarter. Vantage Point Financial LLC now owns 3,702 shares of the company’s stock valued at $348,000 after buying an additional 143 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.0%

iShares MBS ETF stock opened at $95.53 on Friday. The stock has a 50-day moving average of $95.37 and a two-hundred day moving average of $95.00. iShares MBS ETF has a one year low of $90.84 and a one year high of $96.25.

iShares MBS ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a $0.3347 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, February 2nd. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.33.

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).