Commerce Bank Raises Holdings in iShares MBS ETF (MBB)

Commerce Bank grew its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 6.2% in the first quarter, HoldingsChannel.com reports. The firm owned 57,028 shares of the company’s stock after buying an additional 3,318 shares during the period. Commerce Bank’s holdings in iShares MBS ETF were worth $6,065,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of MBB. JPMorgan Chase & Co. boosted its position in shares of iShares MBS ETF by 6,374.3% in the first quarter. JPMorgan Chase & Co. now owns 12,429,426 shares of the company’s stock valued at $1,321,992,000 after acquiring an additional 12,237,446 shares during the period. RiverFront Investment Group LLC bought a new position in shares of iShares MBS ETF in the fourth quarter valued at approximately $93,052,000. California Public Employees Retirement System boosted its position in shares of iShares MBS ETF by 509.6% in the fourth quarter. California Public Employees Retirement System now owns 422,355 shares of the company’s stock valued at $44,199,000 after acquiring an additional 353,074 shares during the period. Bank of New York Mellon Corp boosted its position in shares of iShares MBS ETF by 108.2% in the fourth quarter. Bank of New York Mellon Corp now owns 622,502 shares of the company’s stock valued at $65,145,000 after acquiring an additional 323,553 shares during the period. Finally, Fisher Asset Management LLC boosted its position in shares of iShares MBS ETF by 4.3% in the fourth quarter. Fisher Asset Management LLC now owns 5,172,101 shares of the company’s stock valued at $541,260,000 after acquiring an additional 214,734 shares during the period.

MBB stock opened at $106.27 on Thursday. iShares MBS ETF has a 12 month low of $101.75 and a 12 month high of $106.63.

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were given a $0.2621 dividend. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $3.15 dividend on an annualized basis and a dividend yield of 2.96%.

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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).

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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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