iShares MBS ETF (NASDAQ:MBB) Shares Bought by Bangor Savings Bank

Bangor Savings Bank raised its position in iShares MBS ETF (NASDAQ:MBB) by 3.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 327,152 shares of the company’s stock after acquiring an additional 10,963 shares during the quarter. iShares MBS ETF makes up approximately 2.9% of Bangor Savings Bank’s portfolio, making the stock its 9th biggest position. Bangor Savings Bank owned 0.08% of iShares MBS ETF worth $30,680,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Principal Financial Group Inc. grew its position in shares of iShares MBS ETF by 9.0% during the fourth quarter. Principal Financial Group Inc. now owns 3,293 shares of the company’s stock worth $302,000 after buying an additional 272 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of iShares MBS ETF by 4.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,931,127 shares of the company’s stock worth $268,726,000 after buying an additional 121,689 shares in the last quarter. ArborFi Advisors LLC acquired a new position in shares of iShares MBS ETF during the fourth quarter worth about $2,344,000. Proficio Capital Partners LLC grew its position in shares of iShares MBS ETF by 54.0% during the fourth quarter. Proficio Capital Partners LLC now owns 84,964 shares of the company’s stock worth $7,790,000 after buying an additional 29,809 shares in the last quarter. Finally, Voisard Asset Management Group Inc. grew its position in shares of iShares MBS ETF by 2,221.2% during the fourth quarter. Voisard Asset Management Group Inc. now owns 82,102 shares of the company’s stock worth $7,527,000 after buying an additional 78,565 shares in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

MBB stock opened at $91.75 on Friday. The business has a 50 day moving average price of $92.53 and a 200 day moving average price of $92.52. iShares MBS ETF has a fifty-two week low of $90.28 and a fifty-two week high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were paid a dividend of $0.3251 per share. This represents a $3.90 annualized dividend and a yield of 4.25%. The ex-dividend date of this dividend was Monday, June 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).