Fiduciary Trust Co Increases Stake in iShares MBS ETF (NASDAQ:MBB)

Fiduciary Trust Co lifted its stake in iShares MBS ETF (NASDAQ:MBB) by 1.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,851 shares of the company’s stock after buying an additional 150 shares during the quarter. Fiduciary Trust Co’s holdings in iShares MBS ETF were worth $995,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MBB. Truvestments Capital LLC bought a new position in shares of iShares MBS ETF during the 4th quarter valued at approximately $36,000. Key Financial Inc raised its stake in iShares MBS ETF by 4,220.0% during the fourth quarter. Key Financial Inc now owns 432 shares of the company’s stock valued at $40,000 after purchasing an additional 422 shares in the last quarter. Activest Wealth Management bought a new position in iShares MBS ETF during the fourth quarter valued at $58,000. CENTRAL TRUST Co grew its stake in shares of iShares MBS ETF by 41.4% in the 4th quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock worth $59,000 after buying an additional 189 shares in the last quarter. Finally, Tucker Asset Management LLC increased its holdings in shares of iShares MBS ETF by 74.5% in the 4th quarter. Tucker Asset Management LLC now owns 670 shares of the company’s stock worth $61,000 after buying an additional 286 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.2 %

Shares of NASDAQ:MBB opened at $92.68 on Friday. iShares MBS ETF has a 12 month low of $90.03 and a 12 month high of $96.76. The company has a 50-day moving average price of $93.03 and a 200 day moving average price of $92.60.

iShares MBS ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were issued a $0.3255 dividend. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.31. The ex-dividend date was Thursday, May 1st. This represents a $3.91 dividend on an annualized basis and a dividend yield of 4.21%.

iShares MBS ETF Company 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).