Meiji Yasuda Asset Management Co Ltd. Reduces Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Meiji Yasuda Asset Management Co Ltd. cut its holdings in iShares MBS ETF (NASDAQ:MBB) by 16.0% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 79,447 shares of the company’s stock after selling 15,108 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in iShares MBS ETF were worth $7,294,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Manhattan West Asset Management LLC raised its position in iShares MBS ETF by 14.3% during the fourth quarter. Manhattan West Asset Management LLC now owns 47,727 shares of the company’s stock worth $4,490,000 after acquiring an additional 5,976 shares during the last quarter. Crewe Advisors LLC acquired a new position in shares of iShares MBS ETF during the 4th quarter worth approximately $82,000. CAP Partners LLC purchased a new stake in iShares MBS ETF in the 4th quarter valued at approximately $1,082,000. Hilltop Holdings Inc. grew its holdings in iShares MBS ETF by 0.3% during the 4th quarter. Hilltop Holdings Inc. now owns 125,744 shares of the company’s stock valued at $11,830,000 after buying an additional 343 shares during the last quarter. Finally, Cim LLC acquired a new position in shares of iShares MBS ETF in the fourth quarter worth $8,446,000. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $96.61 on Wednesday. iShares MBS ETF has a fifty-two week low of $85.28 and a fifty-two week high of $96.76. The business has a fifty day moving average of $94.58 and a 200-day moving average of $92.53.

iShares MBS ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.3177 dividend. The ex-dividend date was Tuesday, September 3rd.

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).