iShares MBS ETF (NASDAQ:MBB) Position Raised by Dorsey & Whitney Trust CO LLC

Dorsey & Whitney Trust CO LLC lifted its stake in shares of iShares MBS ETF (NASDAQ:MBBGet Rating) by 4.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,500 shares of the company’s stock after purchasing an additional 500 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in iShares MBS ETF were worth $1,235,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of MBB. Bank of America Corp DE raised its stake in shares of iShares MBS ETF by 2.5% during the fourth quarter. Bank of America Corp DE now owns 77,632,869 shares of the company’s stock valued at $8,340,099,000 after purchasing an additional 1,857,794 shares in the last quarter. TIAA FSB raised its position in iShares MBS ETF by 662.0% in the fourth quarter. TIAA FSB now owns 1,873,128 shares of the company’s stock worth $201,075,000 after acquiring an additional 1,627,319 shares in the last quarter. CWM LLC bought a new stake in iShares MBS ETF in the fourth quarter worth about $82,740,000. BlackRock Inc. raised its position in iShares MBS ETF by 35.3% in the third quarter. BlackRock Inc. now owns 2,684,005 shares of the company’s stock worth $290,247,000 after acquiring an additional 700,740 shares in the last quarter. Finally, AE Wealth Management LLC raised its position in iShares MBS ETF by 340.7% in the fourth quarter. AE Wealth Management LLC now owns 898,304 shares of the company’s stock worth $96,505,000 after acquiring an additional 694,471 shares in the last quarter.

iShares MBS ETF stock traded down $0.49 during midday trading on Friday, hitting $98.10. The company’s stock had a trading volume of 2,602,269 shares, compared to its average volume of 2,195,895. The stock’s 50-day moving average price is $101.39 and its 200-day moving average price is $104.90. iShares MBS ETF has a 12 month low of $97.44 and a 12 month high of $108.88.

The business also recently declared a monthly dividend, which was paid on Thursday, April 7th. Investors of record on Monday, April 4th were paid a $0.136 dividend. The ex-dividend date of this dividend was Friday, April 1st. This represents a $1.63 dividend on an annualized basis and a yield of 1.66%.

About iShares MBS ETF (Get Rating)

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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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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