Bank of Hawaii Buys Shares of 532,164 iShares MBS ETF (NASDAQ:MBB)

Bank of Hawaii purchased a new stake in shares of iShares MBS ETF (NASDAQ:MBB) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 532,164 shares of the company’s stock, valued at approximately $50,987,000. iShares MBS ETF comprises 2.1% of Bank of Hawaii’s portfolio, making the stock its 12th largest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its stake in iShares MBS ETF by 12.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 25,036,908 shares of the company’s stock worth $2,298,639,000 after acquiring an additional 2,829,414 shares in the last quarter. LPL Financial LLC boosted its stake in shares of iShares MBS ETF by 6.3% in the third quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock valued at $1,838,565,000 after purchasing an additional 1,138,182 shares during the period. Fisher Asset Management LLC grew its holdings in shares of iShares MBS ETF by 8.3% in the third quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock valued at $1,750,027,000 after purchasing an additional 1,404,263 shares in the last quarter. Jane Street Group LLC increased its stake in iShares MBS ETF by 542.0% during the 1st quarter. Jane Street Group LLC now owns 8,429,084 shares of the company’s stock worth $779,016,000 after buying an additional 7,116,171 shares during the period. Finally, TIAA Trust National Association lifted its holdings in iShares MBS ETF by 2.3% during the 2nd quarter. TIAA Trust National Association now owns 4,768,602 shares of the company’s stock worth $437,805,000 after buying an additional 107,420 shares in the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

NASDAQ:MBB opened at $92.60 on Monday. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76. The company has a fifty day simple moving average of $94.00 and a two-hundred day simple moving average of $93.44.

iShares MBS ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.3099 per share. The ex-dividend date was Friday, November 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).