Fifth Third Bancorp Buys 170,403 Shares of iShares MBS ETF $MBB

Fifth Third Bancorp grew its stake in iShares MBS ETF (NASDAQ:MBB) by 11,584.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 171,874 shares of the company’s stock after buying an additional 170,403 shares during the period. Fifth Third Bancorp’s holdings in iShares MBS ETF were worth $16,320,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of MBB. Global Financial Private Client LLC raised its position in iShares MBS ETF by 3.8% during the first quarter. Global Financial Private Client LLC now owns 2,937 shares of the company’s stock valued at $279,000 after purchasing an additional 108 shares in the last quarter. RFG Advisory LLC boosted its holdings in shares of iShares MBS ETF by 3.0% in the 4th quarter. RFG Advisory LLC now owns 3,989 shares of the company’s stock worth $380,000 after purchasing an additional 116 shares in the last quarter. Alteri Wealth LLC boosted its holdings in shares of iShares MBS ETF by 0.6% in the 4th quarter. Alteri Wealth LLC now owns 18,467 shares of the company’s stock worth $1,758,000 after purchasing an additional 118 shares in the last quarter. Tompkins Financial Corp increased its position in shares of iShares MBS ETF by 15.1% during the 4th quarter. Tompkins Financial Corp now owns 915 shares of the company’s stock valued at $87,000 after purchasing an additional 120 shares during the last quarter. Finally, Merkkuri Wealth Advisors LLC increased its position in shares of iShares MBS ETF by 1.2% during the 1st quarter. Merkkuri Wealth Advisors LLC now owns 9,944 shares of the company’s stock valued at $944,000 after purchasing an additional 120 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

NASDAQ:MBB opened at $93.67 on Wednesday. The business has a 50 day moving average of $94.21 and a 200 day moving average of $94.99. iShares MBS ETF has a 1-year low of $92.40 and a 1-year high of $96.96.

iShares MBS ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.3373 per share. The ex-dividend date of this dividend was Wednesday, July 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). 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).