Conning Inc. Purchases 387,672 Shares of iShares MBS ETF $MBB

Conning Inc. acquired a new stake in shares of iShares MBS ETF (NASDAQ:MBB) during the third quarter, according to its most recent filing with the SEC. The fund acquired 387,672 shares of the company’s stock, valued at approximately $34,743,000. Conning Inc. owned 0.10% of iShares MBS ETF as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MBB. Bangor Savings Bank bought a new position in shares of iShares MBS ETF in the third quarter worth $38,457,000. Envestnet Asset Management Inc. raised its position in shares of iShares MBS ETF by 6.9% in the second quarter. Envestnet Asset Management Inc. now owns 30,910,875 shares of the company’s stock worth $2,921,648,000 after buying an additional 2,006,656 shares in the last quarter. Rosenberg Matthew Hamilton boosted its stake in iShares MBS ETF by 748.2% during the third quarter. Rosenberg Matthew Hamilton now owns 19,603 shares of the company’s stock valued at $1,757,000 after buying an additional 17,292 shares during the period. Advisory Solutions Group LLC bought a new stake in iShares MBS ETF during the second quarter valued at $2,878,000. Finally, Corient Private Wealth LP grew its position in iShares MBS ETF by 28.3% during the second quarter. Corient Private Wealth LP now owns 786,118 shares of the company’s stock worth $74,304,000 after buying an additional 173,525 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $91.41 on Thursday. The business has a 50-day simple moving average of $91.26 and a 200 day simple moving average of $93.82. iShares MBS ETF has a 52 week low of $88.58 and a 52 week high of $96.96.

iShares MBS ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.3662 per share. The ex-dividend date of this dividend was Thursday, October 1st. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.3388. This represents a $4.39 annualized dividend and a dividend yield of 4.8%.

iShares MBS ETF Company Profile

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).