TIAA Trust National Association Sells 48,849 Shares of iShares MBS ETF (NASDAQ:MBB)

TIAA Trust National Association decreased its holdings in iShares MBS ETF (NASDAQ:MBBFree Report) by 1.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,167,402 shares of the company’s stock after selling 48,849 shares during the period. iShares MBS ETF accounts for about 1.3% of TIAA Trust National Association’s portfolio, making the stock its 18th biggest holding. TIAA Trust National Association’s holdings in iShares MBS ETF were worth $392,528,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Buttonwood Financial Group LLC boosted its stake in iShares MBS ETF by 0.9% during the fourth quarter. Buttonwood Financial Group LLC now owns 30,211 shares of the company’s stock valued at $2,842,000 after buying an additional 269 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in iShares MBS ETF by 7.8% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 499,054 shares of the company’s stock valued at $44,355,000 after buying an additional 36,319 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in iShares MBS ETF by 638.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 100,683 shares of the company’s stock valued at $8,941,000 after buying an additional 87,044 shares during the last quarter. Osaic Holdings Inc. boosted its stake in iShares MBS ETF by 7.0% during the second quarter. Osaic Holdings Inc. now owns 2,837,989 shares of the company’s stock valued at $264,559,000 after buying an additional 185,200 shares during the last quarter. Finally, Rehmann Capital Advisory Group boosted its stake in iShares MBS ETF by 14.9% during the second quarter. Rehmann Capital Advisory Group now owns 119,313 shares of the company’s stock valued at $11,128,000 after buying an additional 15,504 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

Shares of iShares MBS ETF stock opened at $91.51 on Wednesday. iShares MBS ETF has a 12 month low of $85.28 and a 12 month high of $96.07. The stock has a 50 day moving average of $92.26 and a 200 day moving average of $91.03.

iShares MBS ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd will be given a dividend of $0.2827 per share. The ex-dividend date of this dividend is Monday, April 1st. This represents a $3.39 dividend on an annualized basis and a yield of 3.71%.

About iShares MBS ETF

(Free Report)

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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