Bessemer Group Inc. Raises Stock Position in iShares MBS ETF $MBB

Bessemer Group Inc. grew its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 6.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,596,964 shares of the company’s stock after acquiring an additional 98,161 shares during the period. Bessemer Group Inc. owned about 0.40% of iShares MBS ETF worth $151,632,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of MBB. LPL Financial LLC increased its holdings in shares of iShares MBS ETF by 4.1% in the 4th quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock worth $2,656,940,000 after acquiring an additional 1,104,895 shares during the period. TIAA Trust National Association boosted its stake in shares of iShares MBS ETF by 2.5% during the 4th quarter. TIAA Trust National Association now owns 26,010,786 shares of the company’s stock worth $2,479,899,000 after acquiring an additional 646,390 shares in the last quarter. Morgan Stanley increased its position in iShares MBS ETF by 4.1% in the 4th quarter. Morgan Stanley now owns 9,852,362 shares of the company’s stock worth $938,142,000 after buying an additional 383,629 shares during the period. Truist Financial Corp raised its holdings in iShares MBS ETF by 8.7% in the 4th quarter. Truist Financial Corp now owns 3,937,384 shares of the company’s stock valued at $374,918,000 after acquiring an additional 316,717 shares in the last quarter. Finally, Renaissancere Holdings Ltd. raised its stake in iShares MBS ETF by 34.9% during the third quarter. Renaissancere Holdings Ltd. now owns 3,852,431 shares of the company’s stock worth $366,559,000 after acquiring an additional 997,000 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

NASDAQ:MBB opened at $93.76 on Friday. iShares MBS ETF has a 1-year low of $92.43 and a 1-year high of $96.96. The business’s 50-day moving average price is $94.18 and its two-hundred day moving average price is $94.97.

iShares MBS ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.3373 per share. The ex-dividend date 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).