Resona Asset Management Co. Ltd. Grows Stake in iShares MBS ETF $MBB

Resona Asset Management Co. Ltd. lifted its position in iShares MBS ETF (NASDAQ:MBB) by 97.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 128,832 shares of the company’s stock after purchasing an additional 63,698 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in iShares MBS ETF were worth $12,233,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in MBB. Global Financial Private Client LLC grew its position in iShares MBS ETF by 3.8% during the first quarter. Global Financial Private Client LLC now owns 2,937 shares of the company’s stock worth $279,000 after buying an additional 108 shares in the last quarter. RFG Advisory LLC boosted its position in shares of iShares MBS ETF by 3.0% during the 4th quarter. RFG Advisory LLC now owns 3,989 shares of the company’s stock valued at $380,000 after acquiring an additional 116 shares during the last quarter. Alteri Wealth LLC grew its holdings in shares of iShares MBS ETF by 0.6% during the fourth quarter. Alteri Wealth LLC now owns 18,467 shares of the company’s stock worth $1,758,000 after purchasing an additional 118 shares in the last quarter. Tompkins Financial Corp raised its stake in iShares MBS ETF by 15.1% in the fourth quarter. Tompkins Financial Corp now owns 915 shares of the company’s stock valued at $87,000 after purchasing an additional 120 shares in the last quarter. Finally, Merkkuri Wealth Advisors LLC raised its stake in iShares MBS ETF by 1.2% in the first quarter. Merkkuri Wealth Advisors LLC now owns 9,944 shares of the company’s stock valued at $944,000 after purchasing an additional 120 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of iShares MBS ETF stock traded down $0.10 on Friday, hitting $93.72. 1,694,893 shares of the company traded hands, compared to its average volume of 2,569,762. iShares MBS ETF has a 12-month low of $92.40 and a 12-month high of $96.96. The firm’s 50-day simple moving average is $94.26 and its 200 day simple moving average is $95.02.

iShares MBS ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a dividend of $0.3373 per share. The ex-dividend date of this dividend was Wednesday, July 1st.

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).