Rockefeller Capital Management L.P. Purchases 11,544 Shares of iShares MBS ETF $MBB

Rockefeller Capital Management L.P. raised its position in shares of iShares MBS ETF (NASDAQ:MBB) by 3.8% in the fourth quarter, HoldingsChannel reports. The firm owned 316,164 shares of the company’s stock after buying an additional 11,544 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in iShares MBS ETF were worth $30,105,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of MBB. ESL Trust Services LLC purchased a new stake in iShares MBS ETF in the fourth quarter worth about $28,000. Nemes Rush Group LLC grew its holdings in iShares MBS ETF by 132.9% during the 4th quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock valued at $34,000 after buying an additional 206 shares in the last quarter. Aventura Private Wealth LLC purchased a new position in iShares MBS ETF during the fourth quarter valued at $35,000. Wealth Watch Advisors INC purchased a new position in shares of iShares MBS ETF during the third quarter valued at about $35,000. Finally, Key Financial Inc grew its holdings in iShares MBS ETF by 96.9% during the 4th quarter. Key Financial Inc now owns 380 shares of the company’s stock valued at $36,000 after buying an additional 187 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB opened at $94.25 on Tuesday. The company’s fifty day moving average is $94.51 and its 200 day moving average is $95.10. iShares MBS ETF has a fifty-two week low of $92.40 and a fifty-two week high of $96.96.

iShares MBS ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a dividend of $0.3334 per share. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date was Monday, June 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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).