Bessemer Group Inc. Grows Stake in iShares MBS ETF $MBB

Bessemer Group Inc. increased its stake in iShares MBS ETF (NASDAQ:MBB) by 6.5% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,596,964 shares of the company’s stock after acquiring an additional 98,161 shares during the period. Bessemer Group Inc.’s holdings in iShares MBS ETF were worth $151,632,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in MBB. LPL Financial LLC raised its stake in iShares MBS ETF by 4.1% in the fourth quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock worth $2,656,940,000 after buying an additional 1,104,895 shares in the last quarter. TIAA Trust National Association grew its position in shares of iShares MBS ETF by 2.5% during the 4th quarter. TIAA Trust National Association now owns 26,010,786 shares of the company’s stock valued at $2,479,899,000 after acquiring an additional 646,390 shares during the period. Morgan Stanley increased its stake in shares of iShares MBS ETF by 4.1% in the fourth quarter. Morgan Stanley now owns 9,852,362 shares of the company’s stock worth $938,142,000 after purchasing an additional 383,629 shares in the last quarter. Truist Financial Corp raised its position in shares of iShares MBS ETF by 8.7% during the fourth quarter. Truist Financial Corp now owns 3,937,384 shares of the company’s stock valued at $374,918,000 after buying an additional 316,717 shares during the last quarter. Finally, Renaissancere Holdings Ltd. increased its stake in iShares MBS ETF by 34.9% in the 3rd quarter. Renaissancere Holdings Ltd. now owns 3,852,431 shares of the company’s stock worth $366,559,000 after acquiring an additional 997,000 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.1%

NASDAQ:MBB opened at $93.76 on Friday. iShares MBS ETF has a 1 year low of $92.43 and a 1 year high of $96.96. The business has a 50 day simple moving average of $94.18 and a 200-day simple moving average of $94.97.

iShares MBS ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a $0.3373 dividend. The ex-dividend date was Wednesday, July 1st.

iShares MBS ETF 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).