Federated Hermes Inc. Has $25.54 Million Stock Holdings in iShares MBS ETF $MBB

Federated Hermes Inc. decreased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 3.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 268,420 shares of the company’s stock after selling 10,150 shares during the period. Federated Hermes Inc. owned 0.06% of iShares MBS ETF worth $25,540,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in MBB. Brighton Jones LLC bought a new position in shares of iShares MBS ETF during the 4th quarter worth approximately $273,000. AQR Capital Management LLC lifted its position 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 valued at $950,000 after acquiring an additional 1,034 shares during the period. Goldman Sachs Group Inc. boosted its stake in iShares MBS ETF by 13.0% during the first quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock worth $35,521,000 after acquiring an additional 43,527 shares in the last quarter. Consolidated Portfolio Review Corp acquired a new stake in iShares MBS ETF in the second quarter worth $338,000. Finally, PFG Investments LLC grew its holdings in iShares MBS ETF by 52.2% in the second quarter. PFG Investments LLC now owns 11,877 shares of the company’s stock worth $1,115,000 after purchasing an additional 4,071 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.1%

Shares of NASDAQ MBB opened at $95.69 on Friday. The firm’s 50-day moving average price is $95.42 and its 200-day moving average price is $94.91. iShares MBS ETF has a 1-year low of $90.84 and a 1-year high of $96.25.

iShares MBS ETF Cuts Dividend

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

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).