Allianz Asset Management GmbH Acquires 76,683 Shares of iShares MBS ETF $MBB

Allianz Asset Management GmbH increased its stake in iShares MBS ETF (NASDAQ:MBB) by 13.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 661,076 shares of the company’s stock after acquiring an additional 76,683 shares during the period. Allianz Asset Management GmbH’s holdings in iShares MBS ETF were worth $62,901,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Brighton Jones LLC bought a new position in iShares MBS ETF during the fourth quarter valued at $273,000. AQR Capital Management LLC boosted its stake 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 worth $950,000 after purchasing an additional 1,034 shares during the period. Goldman Sachs Group Inc. grew its holdings in iShares MBS ETF by 13.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock valued at $35,521,000 after purchasing an additional 43,527 shares during the last quarter. Ameritas Advisory Services LLC raised its position in iShares MBS ETF by 15.0% in the 2nd quarter. Ameritas Advisory Services LLC now owns 2,639 shares of the company’s stock worth $248,000 after purchasing an additional 345 shares during the period. Finally, Wealthcare Advisory Partners LLC boosted its position in shares of iShares MBS ETF by 5.4% during the second quarter. Wealthcare Advisory Partners LLC now owns 8,424 shares of the company’s stock valued at $791,000 after buying an additional 429 shares during the period. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Down 0.1%

Shares of NASDAQ MBB opened at $95.20 on Thursday. The business’s 50 day moving average price is $95.38 and its 200-day moving average price is $94.98. iShares MBS ETF has a fifty-two week low of $90.84 and a fifty-two week high of $96.25.

iShares MBS ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd will be given a dividend of $0.3347 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33. The ex-dividend date is Monday, February 2nd.

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).