Shelter Mutual Insurance Co Makes New Investment in iShares MBS ETF $MBB

Shelter Mutual Insurance Co acquired a new position in shares of iShares MBS ETF (NASDAQ:MBB) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 77,114 shares of the company’s stock, valued at approximately $6,388,000. iShares MBS ETF comprises 1.4% of Shelter Mutual Insurance Co’s investment portfolio, making the stock its 29th biggest holding.

Other institutional investors also recently made changes to their positions in the company. Global Financial Private Client LLC grew its position in shares of iShares MBS ETF by 3.8% during the first quarter. Global Financial Private Client LLC now owns 2,937 shares of the company’s stock worth $279,000 after buying an additional 108 shares in the last quarter. RFG Advisory LLC raised its holdings in iShares MBS ETF by 3.0% in the fourth quarter. RFG Advisory LLC now owns 3,989 shares of the company’s stock valued at $380,000 after acquiring an additional 116 shares in the last quarter. Alteri Wealth LLC raised its holdings in iShares MBS ETF by 0.6% in the fourth quarter. Alteri Wealth LLC now owns 18,467 shares of the company’s stock valued at $1,758,000 after acquiring an additional 118 shares in the last quarter. Merkkuri Wealth Advisors LLC boosted its stake in iShares MBS ETF by 1.2% during the 1st quarter. Merkkuri Wealth Advisors LLC now owns 9,944 shares of the company’s stock valued at $944,000 after acquiring an additional 120 shares during the last quarter. Finally, Signature Equity Partners LLC boosted its stake in iShares MBS ETF by 27.4% during the 1st quarter. Signature Equity Partners LLC now owns 562 shares of the company’s stock valued at $53,000 after acquiring an additional 121 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

Shares of MBB stock opened at $93.12 on Friday. iShares MBS ETF has a 1-year low of $92.68 and a 1-year high of $96.96. The firm has a fifty day moving average of $93.70 and a two-hundred day moving average of $94.56.

iShares MBS ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a dividend of $0.3413 per share. The ex-dividend date of this dividend was Monday, August 3rd. This is a positive change from iShares MBS ETF’s previous dividend of $0.34.

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).