iShares MBS ETF $MBB Shares Sold by Fifth Third Securities Inc.

Fifth Third Securities Inc. lowered its position in iShares MBS ETF (NASDAQ:MBB) by 46.1% during the third quarter, HoldingsChannel reports. The firm owned 7,528 shares of the company’s stock after selling 6,433 shares during the period. Fifth Third Securities Inc.’s holdings in iShares MBS ETF were worth $716,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. FSC Wealth Advisors LLC lifted its stake in shares of iShares MBS ETF by 1.3% in the second quarter. FSC Wealth Advisors LLC now owns 8,559 shares of the company’s stock worth $804,000 after buying an additional 107 shares in the last quarter. Creekmur Asset Management LLC raised its holdings in iShares MBS ETF by 21.5% in the 2nd quarter. Creekmur Asset Management LLC now owns 621 shares of the company’s stock valued at $58,000 after acquiring an additional 110 shares during the last quarter. International Private Wealth Advisors LLC lifted its stake in iShares MBS ETF by 2.8% in the 2nd quarter. International Private Wealth Advisors LLC now owns 4,120 shares of the company’s stock worth $387,000 after purchasing an additional 114 shares in the last quarter. Midwest Heritage Bank FSB lifted its stake in iShares MBS ETF by 4.0% in the 2nd quarter. Midwest Heritage Bank FSB now owns 2,982 shares of the company’s stock worth $280,000 after purchasing an additional 116 shares in the last quarter. Finally, Paces Ferry Wealth Advisors LLC boosted its holdings in shares of iShares MBS ETF by 5.4% during the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 2,308 shares of the company’s stock worth $216,000 after purchasing an additional 119 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB stock opened at $95.09 on Tuesday. iShares MBS ETF has a 1 year low of $90.28 and a 1 year high of $96.25. The business has a 50 day simple moving average of $95.45 and a 200-day simple moving average of $94.42.

iShares MBS ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th will be paid a $0.334 dividend. The ex-dividend date of this dividend is Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).