Community Bank N.A. Acquires 5,763 Shares of iShares MBS ETF $MBB

Community Bank N.A. boosted its holdings in iShares MBS ETF (NASDAQ:MBB) by 33.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,019 shares of the company’s stock after purchasing an additional 5,763 shares during the period. Community Bank N.A.’s holdings in iShares MBS ETF were worth $2,161,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in MBB. Brighton Jones LLC bought a new stake in iShares MBS ETF in the fourth quarter worth $273,000. Harbor Capital Advisors Inc. bought a new stake in iShares MBS ETF in the first quarter worth $112,000. Fifth Third Bancorp lifted its stake in iShares MBS ETF by 78.5% in the first quarter. Fifth Third Bancorp now owns 2,915 shares of the company’s stock worth $273,000 after purchasing an additional 1,282 shares during the last quarter. Opal Wealth Advisors LLC bought a new stake in iShares MBS ETF in the first quarter worth $57,000. Finally, Sound Income Strategies LLC raised its stake in shares of iShares MBS ETF by 7.4% during the first quarter. Sound Income Strategies LLC now owns 2,214 shares of the company’s stock valued at $208,000 after acquiring an additional 153 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Up 0.2%

Shares of NASDAQ:MBB opened at $95.46 on Tuesday. The company has a 50-day moving average price of $94.58 and a 200-day moving average price of $93.41. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $95.97.

iShares MBS ETF Cuts Dividend

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