Resona Asset Management Co. Ltd. Reduces Stock Position in iShares MBS ETF $MBB

Resona Asset Management Co. Ltd. lessened its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 50.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 84,022 shares of the company’s stock after selling 87,157 shares during the period. Resona Asset Management Co. Ltd.’s holdings in iShares MBS ETF were worth $7,995,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Delos Wealth Advisors LLC bought a new stake in shares of iShares MBS ETF in the 2nd quarter worth approximately $26,000. LRI Investments LLC purchased a new position in shares of iShares MBS ETF during the second quarter valued at approximately $30,000. Tsfg LLC raised its holdings in shares of iShares MBS ETF by 106.8% during the second quarter. Tsfg LLC now owns 335 shares of the company’s stock valued at $31,000 after acquiring an additional 173 shares in the last quarter. Westfuller Advisors LLC purchased a new stake in iShares MBS ETF in the third quarter worth $33,000. Finally, Evolution Wealth Management Inc. purchased a new stake in iShares MBS ETF in the second quarter worth $39,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.2%

NASDAQ:MBB opened at $95.75 on Tuesday. The firm’s fifty day simple moving average is $95.38 and its 200 day simple moving average is $94.85. iShares MBS ETF has a twelve month low of $90.84 and a twelve month high of $96.25.

iShares MBS ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a dividend of $0.334 per share. The ex-dividend date was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 4.2%.

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).