Keybank National Association OH Makes New Investment in iShares MBS ETF $MBB

Keybank National Association OH purchased a new stake in iShares MBS ETF (NASDAQ:MBB) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 165,435 shares of the company’s stock, valued at approximately $14,826,000.

Several other institutional investors and hedge funds also recently made changes to their positions in MBB. Bangor Savings Bank acquired a new position in iShares MBS ETF in the third quarter valued at approximately $38,457,000. Envestnet Asset Management Inc. boosted its holdings in shares of iShares MBS ETF by 6.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 30,910,875 shares of the company’s stock worth $2,921,648,000 after buying an additional 2,006,656 shares in the last quarter. Rosenberg Matthew Hamilton boosted its holdings in shares of iShares MBS ETF by 748.2% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 19,603 shares of the company’s stock worth $1,757,000 after buying an additional 17,292 shares in the last quarter. Tempus Wealth Planning LLC acquired a new stake in shares of iShares MBS ETF during the 3rd quarter worth approximately $1,170,000. Finally, Corient Private Wealth LP grew its position in shares of iShares MBS ETF by 28.3% during the 2nd quarter. Corient Private Wealth LP now owns 786,118 shares of the company’s stock worth $74,304,000 after buying an additional 173,525 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.1%

MBB opened at $91.11 on Thursday. iShares MBS ETF has a 1-year low of $88.58 and a 1-year high of $96.96. The company has a fifty day moving average price of $90.95 and a two-hundred day moving average price of $93.63.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were paid a $0.3471 dividend. This represents a $4.17 annualized dividend and a dividend yield of 4.6%. This is a drop from iShares MBS ETF’s previous monthly dividend of $0.3662. The ex-dividend date of this dividend was Monday, November 2nd.

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). 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).