Citigroup Inc. Sells 1,027 Shares of iShares MBS ETF (NASDAQ:MBB)

Citigroup Inc. reduced its holdings in iShares MBS ETF (NASDAQ:MBBFree Report) by 19.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,286 shares of the company’s stock after selling 1,027 shares during the period. Citigroup Inc.’s holdings in iShares MBS ETF were worth $381,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Scarborough Advisors LLC increased its position in shares of iShares MBS ETF by 5.0% during the third quarter. Scarborough Advisors LLC now owns 54,078 shares of the company’s stock valued at $4,802,000 after purchasing an additional 2,562 shares during the period. Modera Wealth Management LLC increased its position in shares of iShares MBS ETF by 23.8% during the third quarter. Modera Wealth Management LLC now owns 102,834 shares of the company’s stock valued at $9,132,000 after purchasing an additional 19,759 shares during the period. EP Wealth Advisors LLC bought a new stake in shares of iShares MBS ETF during the third quarter valued at approximately $144,000. Comerica Bank bought a new stake in shares of iShares MBS ETF during the third quarter valued at approximately $5,810,000. Finally, Creative Planning increased its position in shares of iShares MBS ETF by 1,261.3% during the third quarter. Creative Planning now owns 316,046 shares of the company’s stock valued at $28,065,000 after purchasing an additional 292,830 shares during the period. 92.51% of the stock is owned by institutional investors.

iShares MBS ETF Trading Down 0.1 %

Shares of NASDAQ:MBB opened at $92.33 on Tuesday. The business’s fifty day moving average price is $92.34 and its two-hundred day moving average price is $90.97. iShares MBS ETF has a fifty-two week low of $85.28 and a fifty-two week high of $96.07.

iShares MBS ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 7th. Shareholders of record on Monday, March 4th were paid a $0.2921 dividend. This represents a $3.50 dividend on an annualized basis and a yield of 3.80%. The ex-dividend date of this dividend was Friday, March 1st.

About iShares MBS ETF

(Free Report)

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).

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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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