iShares MBS ETF $MBB Shares Newly Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. acquired a new stake in shares of iShares MBS ETF (NASDAQ:MBB) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 9,565 shares of the company’s stock, valued at approximately $857,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Shelter Ins Retirement Plan purchased a new position in shares of iShares MBS ETF during the 2nd quarter valued at approximately $12,335,042,000. Envestnet Asset Management Inc. grew its position in shares of iShares MBS ETF by 6.9% during the second quarter. Envestnet Asset Management Inc. now owns 30,910,875 shares of the company’s stock worth $2,921,648,000 after buying an additional 2,006,656 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in shares of iShares MBS ETF by 3.5% in the first quarter. PNC Financial Services Group Inc. now owns 3,106,470 shares of the company’s stock worth $294,959,000 after buying an additional 106,144 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of iShares MBS ETF by 9.5% in the first quarter. Bank of New York Mellon Corp now owns 2,314,725 shares of the company’s stock worth $219,783,000 after buying an additional 201,354 shares during the last quarter. Finally, Sei Investments Co. increased its stake in shares of iShares MBS ETF by 5.2% in the first quarter. Sei Investments Co. now owns 2,194,447 shares of the company’s stock worth $208,335,000 after buying an additional 108,361 shares during the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Down 0.2%

NASDAQ MBB opened at $91.53 on Wednesday. iShares MBS ETF has a 12 month low of $88.58 and a 12 month high of $96.96. The company’s fifty day moving average price is $91.13 and its two-hundred day moving average price is $93.74.

iShares MBS ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd will be given a $0.3471 dividend. This represents a $4.17 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Monday, November 2nd. This is a decrease from iShares MBS ETF’s previous monthly dividend of $0.3662.

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).