Franklin Resources Inc. Has $30.12 Million Position in iShares MBS ETF $MBB

Franklin Resources Inc. lifted its position in iShares MBS ETF (NASDAQ:MBB) by 3.1% during the second quarter, HoldingsChannel.com reports. The fund owned 320,799 shares of the company’s stock after purchasing an additional 9,749 shares during the period. Franklin Resources Inc.’s holdings in iShares MBS ETF were worth $30,120,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. LRI Investments LLC acquired a new position in iShares MBS ETF during the second quarter valued at approximately $30,000. Headlands Technologies LLC acquired a new stake in iShares MBS ETF in the first quarter worth $31,000. Tsfg LLC boosted its position in shares of iShares MBS ETF by 106.8% during the second quarter. Tsfg LLC now owns 335 shares of the company’s stock worth $31,000 after purchasing an additional 173 shares in the last quarter. Flaharty Asset Management LLC acquired a new position in shares of iShares MBS ETF in the 1st quarter valued at $34,000. Finally, MassMutual Private Wealth & Trust FSB increased its position in shares of iShares MBS ETF by 317.2% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock valued at $36,000 after buying an additional 295 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.1%

Shares of iShares MBS ETF stock opened at $95.98 on Thursday. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $96.25. The stock’s fifty day simple moving average is $95.40 and its 200 day simple moving average is $94.00.

iShares MBS ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were issued a $0.342 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.34. The ex-dividend date was Monday, November 3rd.

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).