iShares MBS ETF $MBB Shares Bought by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 111.0% in the 1st quarter, Holdings Channel.com reports. The fund owned 53,297 shares of the company’s stock after buying an additional 28,034 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in iShares MBS ETF were worth $5,061,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MBB. ESL Trust Services LLC acquired a new position in shares of iShares MBS ETF in the 4th quarter valued at $28,000. Brown Lisle Cummings Inc. acquired a new stake in shares of iShares MBS ETF during the 1st quarter worth about $28,000. First Community Trust NA acquired a new stake in shares of iShares MBS ETF during the 1st quarter worth about $32,000. Nemes Rush Group LLC raised its holdings in iShares MBS ETF by 132.9% in the 4th quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock valued at $34,000 after buying an additional 206 shares during the period. Finally, Aventura Private Wealth LLC purchased a new stake in iShares MBS ETF in the 4th quarter valued at about $35,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.2%

NASDAQ MBB opened at $93.41 on Wednesday. The firm’s 50-day moving average is $94.12 and its two-hundred day moving average is $94.93. iShares MBS ETF has a 12 month low of $92.43 and a 12 month high of $96.96.

iShares MBS ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.3373 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

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). 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).