Sumitomo Mitsui Trust Holdings Inc. Purchases 470,161 Shares of iShares MBS ETF (NASDAQ:MBB)

Sumitomo Mitsui Trust Holdings Inc. lifted its stake in iShares MBS ETF (NASDAQ:MBB) by 77.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,076,550 shares of the company’s stock after buying an additional 470,161 shares during the period. Sumitomo Mitsui Trust Holdings Inc. owned about 0.35% of iShares MBS ETF worth $101,282,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Register Financial Advisors LLC raised its position in iShares MBS ETF by 584.6% in the fourth quarter. Register Financial Advisors LLC now owns 267 shares of the company’s stock worth $25,000 after purchasing an additional 228 shares in the last quarter. Ambassador Advisors LLC raised its position in iShares MBS ETF by 332.8% in the first quarter. Ambassador Advisors LLC now owns 277 shares of the company’s stock worth $26,000 after purchasing an additional 213 shares in the last quarter. BluePath Capital Management LLC acquired a new position in iShares MBS ETF in the third quarter worth about $26,000. LFA Lugano Financial Advisors SA acquired a new position in iShares MBS ETF in the fourth quarter worth about $28,000. Finally, Avior Wealth Management LLC raised its position in iShares MBS ETF by 535.3% in the third quarter. Avior Wealth Management LLC now owns 324 shares of the company’s stock worth $29,000 after purchasing an additional 273 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

NASDAQ:MBB opened at $89.41 on Wednesday. iShares MBS ETF has a 12-month low of $85.28 and a 12-month high of $95.70. The firm has a 50-day moving average price of $91.77 and a 200 day moving average price of $91.12.

iShares MBS ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a $0.2827 dividend. This represents a $3.39 annualized dividend and a yield of 3.79%. The ex-dividend date of this dividend was Monday, April 1st.

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).