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

Meiji Yasuda Asset Management Co Ltd. lowered its position in shares of iShares MBS ETF (NASDAQ:MBB) by 2.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 83,971 shares of the company’s stock after selling 2,408 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in iShares MBS ETF were worth $7,698,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in iShares MBS ETF by 18.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock worth $3,321,229,000 after purchasing an additional 5,521,374 shares in the last quarter. Proficio Capital Partners LLC boosted its stake in iShares MBS ETF by 9,869.1% during the fourth quarter. Proficio Capital Partners LLC now owns 5,498,469 shares of the company’s stock valued at $504,100,000 after buying an additional 5,443,314 shares during the last quarter. 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 valued at $308,457,000 after buying an additional 3,260,687 shares in the last quarter. LPL Financial LLC increased its stake in iShares MBS ETF by 13.9% in 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 during the last quarter. Finally, Fisher Asset Management LLC raised its holdings in shares of 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 worth $1,806,274,000 after acquiring an additional 1,436,342 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

Shares of MBB opened at $93.07 on Tuesday. The company’s fifty day moving average is $92.58 and its 200 day moving average is $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 disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.3204 per share. The ex-dividend date was Monday, March 3rd.

iShares MBS ETF 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).