Mitsubishi UFJ Asset Management Co. Ltd. Takes Position in iShares MBS ETF (NASDAQ:MBB)

Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in iShares MBS ETF (NASDAQ:MBB) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 243,000 shares of the company’s stock, valued at approximately $22,230,000. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.06% of iShares MBS ETF as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Hobbs Group Advisors LLC raised its stake in iShares MBS ETF by 115.5% in the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after buying an additional 149 shares during the period. Truvestments Capital LLC acquired a new position in shares of iShares MBS ETF during the 4th quarter worth approximately $36,000. Key Financial Inc raised its stake in iShares MBS ETF by 4,220.0% in the 4th quarter. Key Financial Inc now owns 432 shares of the company’s stock valued at $40,000 after acquiring an additional 422 shares during the period. Activest Wealth Management acquired a new stake in iShares MBS ETF during the 4th quarter valued at $58,000. Finally, CENTRAL TRUST Co boosted its position in iShares MBS ETF by 41.4% during the fourth quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock worth $59,000 after purchasing an additional 189 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Trading Up 0.7 %

NASDAQ:MBB opened at $93.66 on Monday. The firm’s fifty day moving average price is $92.74 and its two-hundred day moving average price is $93.08. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.3204 dividend. 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).