MassMutual Private Wealth & Trust FSB Grows Stock Position in iShares MBS ETF $MBB

MassMutual Private Wealth & Trust FSB raised its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 317.2% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 388 shares of the company’s stock after buying an additional 295 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in iShares MBS ETF were worth $36,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Tompkins Financial Corp raised its stake in shares of iShares MBS ETF by 51.7% during the 1st quarter. Tompkins Financial Corp now owns 320 shares of the company’s stock valued at $30,000 after buying an additional 109 shares during the last quarter. Legacy Capital Group California Inc. raised its stake in shares of iShares MBS ETF by 2.2% during the 1st quarter. Legacy Capital Group California Inc. now owns 5,495 shares of the company’s stock valued at $515,000 after buying an additional 118 shares during the last quarter. Paces Ferry Wealth Advisors LLC raised its stake in shares of iShares MBS ETF by 5.4% during the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 2,308 shares of the company’s stock valued at $216,000 after buying an additional 119 shares during the last quarter. Latitude Advisors LLC raised its stake in shares of iShares MBS ETF by 1.9% during the 1st quarter. Latitude Advisors LLC now owns 7,028 shares of the company’s stock valued at $659,000 after buying an additional 129 shares during the last quarter. Finally, Bush Investment Group LLC raised its stake in shares of iShares MBS ETF by 1.2% during the 2nd quarter. Bush Investment Group LLC now owns 12,315 shares of the company’s stock valued at $1,156,000 after buying an additional 141 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.2%

NASDAQ MBB opened at $95.19 on Friday. The stock has a 50-day simple moving average of $93.92 and a two-hundred day simple moving average of $93.20. iShares MBS ETF has a fifty-two week low of $90.28 and a fifty-two week high of $96.32.

iShares MBS ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, September 5th. Investors of record on Tuesday, September 2nd were paid a $0.3383 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Tuesday, September 2nd.

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).