NBT Bank N.A. Acquires 6,045 Shares of iShares MBS ETF $MBB

NBT Bank N.A. bought a new position in shares of iShares MBS ETF (NASDAQ:MBB) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 6,045 shares of the company’s stock, valued at approximately $542,000.

A number of other institutional investors and hedge funds have also made changes to their positions in MBB. Field & Main Bank purchased a new position in shares of iShares MBS ETF in the 2nd quarter valued at about $30,000. Montgomery Financial Services LLC purchased a new stake in iShares MBS ETF during the second quarter worth about $27,000. Brown Lisle Cummings Inc. purchased a new stake in iShares MBS ETF during the first quarter worth about $28,000. Beaird Harris Wealth Management LLC purchased a new stake in iShares MBS ETF during the second quarter worth about $34,000. Finally, Investors Research Corp grew its position in iShares MBS ETF by 1,587.0% during the second quarter. Investors Research Corp now owns 388 shares of the company’s stock worth $37,000 after buying an additional 365 shares during the period. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

Shares of MBB opened at $91.29 on Friday. iShares MBS ETF has a twelve month low of $88.58 and a twelve month high of $96.96. The firm’s 50-day moving average is $91.35 and its two-hundred day moving average is $93.18.

iShares MBS ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a dividend of $0.3662 per share. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.3388. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $4.39 annualized dividend and a dividend yield of 4.8%.

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).