Thrivent Financial for Lutherans Raises Stock Holdings in iShares MBS ETF $MBB

Thrivent Financial for Lutherans increased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 240.9% in the third quarter, according to its most recent filing with the SEC. The fund owned 455,738 shares of the company’s stock after acquiring an additional 322,061 shares during the period. Thrivent Financial for Lutherans’ holdings in iShares MBS ETF were worth $43,364,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Security Financial Services INC. increased its stake in iShares MBS ETF by 5.9% in the 3rd quarter. Security Financial Services INC. now owns 121,000 shares of the company’s stock worth $11,513,000 after buying an additional 6,789 shares during the period. DAVENPORT & Co LLC boosted its position in iShares MBS ETF by 9.2% in the 2nd quarter. DAVENPORT & Co LLC now owns 7,323 shares of the company’s stock valued at $688,000 after buying an additional 614 shares during the period. Ironwood Investment Counsel LLC bought a new position in iShares MBS ETF in the 2nd quarter worth about $206,000. Dynasty Wealth Management LLC increased its position in shares of iShares MBS ETF by 10.8% during the third quarter. Dynasty Wealth Management LLC now owns 1,649,146 shares of the company’s stock worth $156,916,000 after acquiring an additional 160,926 shares during the period. Finally, Global Retirement Partners LLC purchased a new position in shares of iShares MBS ETF during the second quarter worth approximately $18,788,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.5%

Shares of NASDAQ MBB opened at $95.23 on Tuesday. iShares MBS ETF has a 52-week low of $90.84 and a 52-week high of $96.25. The stock has a 50 day moving average price of $95.41 and a 200 day moving average price of $94.96.

iShares MBS ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd will be issued a $0.3347 dividend. The ex-dividend date is Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.2%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.33.

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). 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).