US Bancorp DE raised its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 17.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 134,274 shares of the company’s stock after buying an additional 19,764 shares during the period. US Bancorp DE’s holdings in iShares MBS ETF were worth $14,281,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of MBB. Strategy Asset Managers LLC acquired a new position in iShares MBS ETF in the 1st quarter worth approximately $37,000. 1 North Wealth Services LLC acquired a new position in iShares MBS ETF in the 1st quarter worth approximately $2,954,000. Ironsides Asset Advisors LLC acquired a new position in iShares MBS ETF in the 1st quarter worth approximately $372,000. Foster & Motley Inc. boosted its stake in iShares MBS ETF by 4.9% in the 1st quarter. Foster & Motley Inc. now owns 54,450 shares of the company’s stock worth $5,791,000 after purchasing an additional 2,558 shares during the period. Finally, FormulaFolio Investments LLC acquired a new position in iShares MBS ETF in the 1st quarter worth approximately $1,472,000.
iShares MBS ETF stock traded up $0.04 during midday trading on Friday, reaching $106.52. The stock had a trading volume of 432,358 shares, compared to its average volume of 1,259,297. iShares MBS ETF has a twelve month low of $101.75 and a twelve month high of $106.63.
The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were paid a $0.2621 dividend. This represents a $3.15 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date of this dividend was Wednesday, May 1st.
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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).
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