Citizens & Northern Corp Raises Stock Holdings in iShares MBS ETF $MBB

Citizens & Northern Corp grew its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 3.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,380 shares of the company’s stock after acquiring an additional 1,090 shares during the quarter. iShares MBS ETF comprises approximately 0.9% of Citizens & Northern Corp’s investment portfolio, making the stock its 20th largest holding. Citizens & Northern Corp’s holdings in iShares MBS ETF were worth $3,228,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. IMG Wealth Management Inc. purchased a new position in shares of iShares MBS ETF in the first quarter worth $30,000. LRI Investments LLC acquired a new position in shares of iShares MBS ETF in the 2nd quarter valued at $30,000. Headlands Technologies LLC acquired a new position in shares of iShares MBS ETF in the 1st quarter valued at $31,000. Flaharty Asset Management LLC purchased a new position in iShares MBS ETF in the 1st quarter worth $34,000. Finally, MassMutual Private Wealth & Trust FSB lifted its position in iShares MBS ETF by 317.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock worth $36,000 after acquiring an additional 295 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Trading Up 0.2%

iShares MBS ETF stock opened at $96.12 on Wednesday. The business’s 50-day simple moving average is $94.84 and its two-hundred day simple moving average is $93.49. iShares MBS ETF has a fifty-two week low of $90.28 and a fifty-two week high of $96.20.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were given a dividend of $0.3363 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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).