Shelter Ins Retirement Plan Invests $12.34 Billion in iShares MBS ETF $MBB

Shelter Ins Retirement Plan bought a new stake in iShares MBS ETF (NASDAQ:MBB) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 148,902 shares of the company’s stock, valued at approximately $12,335,042,000. iShares MBS ETF comprises approximately 12.3% of Shelter Ins Retirement Plan’s investment portfolio, making the stock its 2nd largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in MBB. ESL Trust Services LLC bought a new stake in iShares MBS ETF in the 4th quarter worth about $28,000. Brown Lisle Cummings Inc. purchased a new stake in iShares MBS ETF in the 1st quarter valued at about $28,000. First Community Trust NA bought a new position in shares of iShares MBS ETF during the 1st quarter worth approximately $32,000. Nemes Rush Group LLC lifted its position in shares of iShares MBS ETF by 132.9% during the 4th quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock worth $34,000 after buying an additional 206 shares in the last quarter. Finally, Beaird Harris Wealth Management LLC bought a new position in shares of iShares MBS ETF during the 2nd quarter worth approximately $34,000. 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 $93.30 on Friday. The stock’s 50 day moving average price is $93.73 and its 200-day moving average price is $94.57. iShares MBS ETF has a twelve month low of $92.68 and a twelve month high of $96.96.

iShares MBS ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were issued a dividend of $0.3413 per share. This is an increase from iShares MBS ETF’s previous dividend of $0.34. The ex-dividend date was Monday, August 3rd.

About iShares MBS ETF

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).