iShares MBS ETF Target of Unusually High Options Trading (NASDAQ:MBB)

iShares MBS ETF (NASDAQ:MBB) saw unusually large options trading on Wednesday. Investors bought 39,557 put options on the stock. This represents an increase of 11,673% compared to the average daily volume of 336 put options.

Institutional Trading of iShares MBS ETF

A number of institutional investors have recently added to or reduced their stakes in the business. LPL Financial LLC boosted its position in shares of 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 during the period. TIAA Trust National Association raised its holdings 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 buying an additional 646,390 shares during the period. PNC Financial Services Group Inc. lifted its position in iShares MBS ETF by 3.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,106,470 shares of the company’s stock worth $294,959,000 after acquiring an additional 106,144 shares in the last quarter. Bank of New York Mellon Corp grew its position in iShares MBS ETF by 9.5% in the first quarter. Bank of New York Mellon Corp now owns 2,314,725 shares of the company’s stock valued at $219,783,000 after acquiring an additional 201,354 shares in the last quarter. Finally, Sei Investments Co. increased its stake in iShares MBS ETF by 5.2% during the 1st quarter. Sei Investments Co. now owns 2,194,447 shares of the company’s stock worth $208,335,000 after buying an additional 108,361 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB traded up $0.24 during midday trading on Wednesday, hitting $91.48. The stock had a trading volume of 165,380 shares, compared to its average volume of 2,493,699. iShares MBS ETF has a 1-year low of $91.02 and a 1-year high of $96.96. The company has a fifty day moving average price of $93.06 and a 200 day moving average price of $94.14.

iShares MBS ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.3388 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date was Tuesday, September 1st.

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).