92,553 Shares in iShares MBS ETF (NASDAQ:MBB) Purchased by Allstate Corp

Allstate Corp purchased a new stake in iShares MBS ETF (NASDAQ:MBB) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 92,553 shares of the company’s stock, valued at approximately $8,485,000.

Several other large investors have also recently added to or reduced their stakes in MBB. Cerity Partners LLC increased its stake in shares of iShares MBS ETF by 0.5% in the third quarter. Cerity Partners LLC now owns 39,068 shares of the company’s stock valued at $3,743,000 after buying an additional 206 shares in the last quarter. Loomis Sayles & Co. L P grew its holdings in iShares MBS ETF by 163.4% during the 3rd quarter. Loomis Sayles & Co. L P now owns 4,069 shares of the company’s stock worth $390,000 after acquiring an additional 2,524 shares during the last quarter. D.A. Davidson & CO. increased its position in iShares MBS ETF by 15.4% in the 3rd quarter. D.A. Davidson & CO. now owns 19,620 shares of the company’s stock valued at $1,880,000 after acquiring an additional 2,622 shares in the last quarter. Freedom Investment Management Inc. lifted its position in shares of iShares MBS ETF by 39.6% during the third quarter. Freedom Investment Management Inc. now owns 5,242 shares of the company’s stock worth $502,000 after purchasing an additional 1,486 shares in the last quarter. Finally, Fiduciary Trust Co grew its stake in shares of iShares MBS ETF by 51.4% during the third quarter. Fiduciary Trust Co now owns 10,701 shares of the company’s stock valued at $1,025,000 after purchasing an additional 3,635 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

Shares of iShares MBS ETF stock opened at $93.66 on Friday. The firm has a 50 day simple moving average of $92.74 and a 200 day simple moving average of $93.13. 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 company also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.3204 dividend. 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).