Sumitomo Mitsui Trust Holdings Inc. Sells 3,049 Shares of iShares MBS ETF (NASDAQ:MBB)

Sumitomo Mitsui Trust Holdings Inc. decreased its position in shares of iShares MBS ETF (NASDAQ:MBB) by 0.3% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,073,501 shares of the company’s stock after selling 3,049 shares during the period. Sumitomo Mitsui Trust Holdings Inc. owned approximately 0.35% of iShares MBS ETF worth $99,213,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of MBB. Midland Wealth Advisors LLC bought a new position in iShares MBS ETF during the fourth quarter valued at $151,461,000. Quotient Wealth Partners LLC bought a new position in iShares MBS ETF during the fourth quarter valued at $138,573,000. Charles Schwab Investment Advisory Inc. increased its position in iShares MBS ETF by 25.3% during the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 5,460,902 shares of the company’s stock valued at $513,762,000 after acquiring an additional 1,102,208 shares during the last quarter. State of Michigan Retirement System increased its position in iShares MBS ETF by 189.5% during the first quarter. State of Michigan Retirement System now owns 1,565,800 shares of the company’s stock valued at $144,711,000 after acquiring an additional 1,025,000 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new position in iShares MBS ETF during the fourth quarter valued at $62,524,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.6 %

MBB stock opened at $91.64 on Thursday. iShares MBS ETF has a twelve month low of $85.28 and a twelve month high of $94.55. The firm’s fifty day simple moving average is $91.29 and its two-hundred day simple moving average is $91.94.

iShares MBS ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be issued a $0.3053 dividend. This represents a $3.66 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date of this dividend is Monday, July 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).