True Vision MN LLC Raises Stock Position in iShares MBS ETF $MBB

True Vision MN LLC boosted its stake in iShares MBS ETF (NASDAQ:MBB) by 16.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 60,402 shares of the company’s stock after purchasing an additional 8,735 shares during the quarter. iShares MBS ETF comprises about 3.0% of True Vision MN LLC’s holdings, making the stock its 10th biggest position. True Vision MN LLC’s holdings in iShares MBS ETF were worth $5,735,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE boosted its position in shares of iShares MBS ETF by 11.8% during the 3rd quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock worth $6,840,878,000 after purchasing an additional 7,566,099 shares in the last quarter. Barclays PLC grew its stake in shares of iShares MBS ETF by 77.1% in the 3rd quarter. Barclays PLC now owns 7,632,784 shares of the company’s stock valued at $726,259,000 after buying an additional 3,322,737 shares during the period. Bank of Montreal Can grew its stake in shares of iShares MBS ETF by 102.6% in the 4th quarter. Bank of Montreal Can now owns 2,883,524 shares of the company’s stock valued at $274,569,000 after buying an additional 1,460,545 shares during the period. TIAA Trust National Association increased its position in iShares MBS ETF by 5.8% in the 3rd quarter. TIAA Trust National Association now owns 25,364,396 shares of the company’s stock valued at $2,413,954,000 after buying an additional 1,399,487 shares in the last quarter. Finally, Fisher Asset Management LLC increased its position in iShares MBS ETF by 5.7% in the 3rd quarter. Fisher Asset Management LLC now owns 22,503,900 shares of the company’s stock valued at $2,141,246,000 after buying an additional 1,206,273 shares in the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

MBB stock opened at $94.48 on Monday. The stock’s 50 day simple moving average is $94.52 and its 200 day simple moving average is $95.11. 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 disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a dividend of $0.3334 per share. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.2%.

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).