American National Bank of Texas Invests $2.39 Million in iShares MBS ETF $MBB

American National Bank of Texas bought a new stake in iShares MBS ETF (NASDAQ:MBB) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 25,079 shares of the company’s stock, valued at approximately $2,386,000. iShares MBS ETF comprises about 2.2% of American National Bank of Texas’ holdings, making the stock its 14th largest position.

Several other hedge funds also recently made changes to their positions in MBB. Delos Wealth Advisors LLC purchased a new stake in shares of iShares MBS ETF in the 2nd quarter valued at about $26,000. LRI Investments LLC purchased a new position in iShares MBS ETF during the 2nd quarter worth approximately $30,000. Tsfg LLC increased its position in iShares MBS ETF by 106.8% during the second quarter. Tsfg LLC now owns 335 shares of the company’s stock worth $31,000 after buying an additional 173 shares during the period. Flaharty Asset Management LLC purchased a new stake in iShares MBS ETF in the first quarter valued at approximately $34,000. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in shares of iShares MBS ETF by 317.2% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock valued at $36,000 after acquiring an additional 295 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB opened at $94.95 on Monday. The company’s 50 day simple moving average is $95.43 and its 200-day simple moving average is $94.29. iShares MBS ETF has a 12-month low of $90.28 and a 12-month high of $96.25.

iShares MBS ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, December 4th. Stockholders of record on Monday, December 1st were paid a dividend of $0.3469 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.34. The ex-dividend date was Monday, December 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).