iShares MBS ETF (NASDAQ:MBB) Shares Bought by Fifth Third Bancorp

Fifth Third Bancorp raised its stake in iShares MBS ETF (NASDAQ:MBB) by 78.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,915 shares of the company’s stock after buying an additional 1,282 shares during the quarter. Fifth Third Bancorp’s holdings in iShares MBS ETF were worth $273,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of MBB. Tompkins Financial Corp lifted its position in shares of iShares MBS ETF by 51.7% during the first quarter. Tompkins Financial Corp now owns 320 shares of the company’s stock worth $30,000 after purchasing an additional 109 shares in the last quarter. Curat Global LLC acquired a new stake in shares of iShares MBS ETF during the first quarter worth about $30,000. Truvestments Capital LLC purchased a new stake in shares of iShares MBS ETF during the fourth quarter worth approximately $36,000. Key Financial Inc increased its stake in shares of iShares MBS ETF by 4,220.0% during the fourth quarter. Key Financial Inc now owns 432 shares of the company’s stock worth $40,000 after buying an additional 422 shares during the period. Finally, Tucker Asset Management LLC increased its stake in shares of iShares MBS ETF by 74.5% during the fourth quarter. Tucker Asset Management LLC now owns 670 shares of the company’s stock worth $61,000 after buying an additional 286 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB stock opened at $92.74 on Thursday. The company’s 50 day moving average price is $92.42 and its 200 day moving average price is $92.49. 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 company 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. The ex-dividend date was Monday, June 2nd. This represents a $3.90 dividend on an annualized basis and a dividend yield of 4.21%.

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).