Meiji Yasuda Asset Management Co Ltd. Sells 2,408 Shares of iShares MBS ETF (NASDAQ:MBB)

Meiji Yasuda Asset Management Co Ltd. decreased its position in iShares MBS ETF (NASDAQ:MBB) by 2.8% in the fourth quarter, Holdings Channel reports. The firm owned 83,971 shares of the company’s stock after selling 2,408 shares during the period. Meiji Yasuda Asset Management Co Ltd.’s holdings in iShares MBS ETF were worth $7,698,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of MBB. JPMorgan Chase & Co. grew its position in shares of iShares MBS ETF by 18.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock worth $3,321,229,000 after buying an additional 5,521,374 shares in the last quarter. Proficio Capital Partners LLC lifted its stake in iShares MBS ETF by 9,869.1% in the fourth quarter. Proficio Capital Partners LLC now owns 5,498,469 shares of the company’s stock worth $504,100,000 after acquiring an additional 5,443,314 shares during the period. Essential Planning LLC. grew its holdings in iShares MBS ETF by 6,413.4% during the 4th quarter. Essential Planning LLC. now owns 3,311,529 shares of the company’s stock worth $308,457,000 after acquiring an additional 3,260,687 shares in the last quarter. LPL Financial LLC grew its holdings in iShares MBS ETF by 13.9% during the 4th quarter. LPL Financial LLC now owns 21,858,016 shares of the company’s stock worth $2,003,943,000 after acquiring an additional 2,668,319 shares in the last quarter. Finally, Fisher Asset Management LLC increased its position in iShares MBS ETF by 7.9% during the 4th quarter. Fisher Asset Management LLC now owns 19,701,940 shares of the company’s stock valued at $1,806,274,000 after purchasing an additional 1,436,342 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.5 %

Shares of MBB opened at $93.07 on Tuesday. The company has a 50 day moving average price of $92.58 and a 200-day moving average price of $93.16. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.3204 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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).