Mitsubishi UFJ Trust & Banking Corp Has $21.58 Million Stake in iShares MBS ETF $MBB

Mitsubishi UFJ Trust & Banking Corp reduced its position in shares of iShares MBS ETF (NASDAQ:MBB) by 54.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 226,826 shares of the company’s stock after selling 266,160 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned 0.05% of iShares MBS ETF worth $21,582,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. TIAA Trust National Association raised its position in iShares MBS ETF by 349.3% during the second quarter. TIAA Trust National Association now owns 23,964,909 shares of the company’s stock valued at $2,245,510,000 after buying an additional 18,631,536 shares during the period. Bank of America Corp DE increased its holdings in shares of iShares MBS ETF by 2.9% in the 2nd quarter. Bank of America Corp DE now owns 64,329,626 shares of the company’s stock valued at $6,039,909,000 after purchasing an additional 1,796,449 shares during the period. Prudential Financial Inc. lifted its position in shares of iShares MBS ETF by 10,569.3% in the second quarter. Prudential Financial Inc. now owns 1,463,719 shares of the company’s stock worth $137,429,000 after purchasing an additional 1,450,000 shares in the last quarter. Annex Advisory Services LLC acquired a new stake in shares of iShares MBS ETF during the third quarter worth approximately $81,869,000. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of iShares MBS ETF by 82.0% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,373,804 shares of the company’s stock worth $128,986,000 after purchasing an additional 619,114 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.2%

Shares of MBB opened at $95.75 on Tuesday. The company’s 50 day moving average price is $95.38 and its 200 day moving average price is $94.85. iShares MBS ETF has a 52 week low of $90.84 and a 52 week high of $96.25.

iShares MBS ETF Cuts Dividend

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

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).