iShares MBS ETF (NASDAQ:MBB) Holdings Reduced by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. decreased its position in iShares MBS ETF (NASDAQ:MBB) by 2.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 1,094,763 shares of the company’s stock after selling 26,709 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares MBS ETF were worth $104,889,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. St. Johns Investment Management Company LLC bought a new position in iShares MBS ETF in the 3rd quarter worth about $30,000. Chris Bulman Inc bought a new stake in iShares MBS ETF during the second quarter worth approximately $31,000. Godsey & Gibb Inc. acquired a new stake in iShares MBS ETF in the third quarter worth approximately $33,000. Rothschild Investment LLC bought a new position in iShares MBS ETF during the 2nd quarter valued at $33,000. Finally, PSI Advisors LLC increased its position in shares of iShares MBS ETF by 2,289.5% during the 2nd quarter. PSI Advisors LLC now owns 454 shares of the company’s stock valued at $42,000 after purchasing an additional 435 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

MBB opened at $92.39 on Thursday. The stock’s fifty day moving average is $94.61 and its 200-day moving average is $93.33. iShares MBS ETF has a one year low of $89.11 and a one year high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a $0.3099 dividend. The ex-dividend date of this dividend was Friday, November 1st.

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).