Vestmark Advisory Solutions Inc. Has $16.99 Million Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Vestmark Advisory Solutions Inc. reduced its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 0.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 180,541 shares of the company’s stock after selling 137 shares during the period. iShares MBS ETF makes up approximately 0.9% of Vestmark Advisory Solutions Inc.’s holdings, making the stock its 22nd biggest holding. Vestmark Advisory Solutions Inc.’s holdings in iShares MBS ETF were worth $16,985,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its position in shares of iShares MBS ETF by 11.1% during the third quarter. JPMorgan Chase & Co. now owns 27,285,852 shares of the company’s stock worth $2,422,987,000 after buying an additional 2,719,637 shares during the period. Ameriprise Financial Inc. grew its stake in shares of iShares MBS ETF by 9.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 13,314,589 shares of the company’s stock worth $1,182,679,000 after acquiring an additional 1,158,175 shares in the last quarter. TIAA Trust National Association acquired a new stake in shares of iShares MBS ETF in the third quarter valued at approximately $374,403,000. Bank of New York Mellon Corp boosted its holdings in iShares MBS ETF by 87.6% during the third quarter. Bank of New York Mellon Corp now owns 3,616,191 shares of the company’s stock worth $321,118,000 after purchasing an additional 1,688,344 shares during the last quarter. Finally, Stifel Financial Corp grew its position in iShares MBS ETF by 12.6% in the third quarter. Stifel Financial Corp now owns 3,121,046 shares of the company’s stock valued at $277,150,000 after purchasing an additional 350,293 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.6 %

MBB stock traded up $0.51 during midday trading on Friday, hitting $90.67. The company’s stock had a trading volume of 1,554,564 shares, compared to its average volume of 2,657,438. The company’s fifty day moving average price is $91.27 and its 200 day moving average price is $91.27. iShares MBS ETF has a twelve month low of $85.28 and a twelve month high of $95.70.

iShares MBS ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be given a $0.2823 dividend. This represents a $3.39 dividend on an annualized basis and a dividend yield of 3.74%. The ex-dividend date of this dividend is Wednesday, May 1st.

iShares MBS ETF 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).