Resona Asset Management Co. Ltd. Takes $15.07 Million Position in iShares MBS ETF (NASDAQ:MBB)

Resona Asset Management Co. Ltd. bought a new position in shares of iShares MBS ETF (NASDAQ:MBB) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 164,367 shares of the company’s stock, valued at approximately $15,068,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Point72 Asset Management L.P. bought a new stake in iShares MBS ETF in the third quarter valued at approximately $958,000. EP Wealth Advisors LLC lifted its holdings in iShares MBS ETF by 9.9% during the 3rd quarter. EP Wealth Advisors LLC now owns 5,588 shares of the company’s stock valued at $535,000 after purchasing an additional 503 shares during the last quarter. Delos Wealth Advisors LLC boosted its position in iShares MBS ETF by 4.3% during the third quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock worth $281,000 after purchasing an additional 121 shares during the period. MML Investors Services LLC increased its holdings in shares of iShares MBS ETF by 26.5% in the third quarter. MML Investors Services LLC now owns 1,655,546 shares of the company’s stock valued at $158,618,000 after purchasing an additional 346,993 shares during the last quarter. Finally, MidWestOne Financial Group Inc. raised its position in shares of iShares MBS ETF by 10.2% in the third quarter. MidWestOne Financial Group Inc. now owns 20,591 shares of the company’s stock valued at $1,973,000 after purchasing an additional 1,910 shares during the period. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Down 0.0 %

Shares of MBB stock opened at $94.18 on Monday. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76. The company has a 50-day simple moving average of $92.96 and a 200 day simple moving average of $92.99.

iShares MBS ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were issued a dividend of $0.3309 per share. The ex-dividend date was Tuesday, April 1st. This is a boost from iShares MBS ETF’s previous dividend of $0.32.

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).