May Hill Capital LLC Purchases 10,502 Shares of iShares MBS ETF $MBB

May Hill Capital LLC lifted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 395.1% in the second quarter, Holdings Channel reports. The institutional investor owned 13,160 shares of the company’s stock after acquiring an additional 10,502 shares during the period. May Hill Capital LLC’s holdings in iShares MBS ETF were worth $1,236,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its position in iShares MBS ETF by 0.6% during the second quarter. Envestnet Asset Management Inc. now owns 26,767,449 shares of the company’s stock worth $2,513,079,000 after acquiring an additional 153,806 shares during the period. LPL Financial LLC boosted its holdings in iShares MBS ETF by 11.0% in the 1st quarter. LPL Financial LLC now owns 24,262,602 shares of the company’s stock valued at $2,275,347,000 after purchasing an additional 2,404,586 shares during the period. PNC Financial Services Group Inc. grew its position in shares of iShares MBS ETF by 0.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,939,526 shares of the company’s stock worth $275,669,000 after purchasing an additional 8,399 shares in the last quarter. Renaissancere Holdings Ltd. bought a new position in shares of iShares MBS ETF during the first quarter worth approximately $267,782,000. Finally, Cetera Investment Advisers increased its holdings in shares of iShares MBS ETF by 17.5% during the first quarter. Cetera Investment Advisers now owns 1,863,533 shares of the company’s stock worth $174,762,000 after purchasing an additional 277,926 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.1%

NASDAQ MBB opened at $96.13 on Tuesday. The company has a 50 day moving average of $95.03 and a 200-day moving average of $93.59. iShares MBS ETF has a 1-year low of $90.28 and a 1-year high of $96.20.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a $0.3363 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 4.2%.

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).