First Citizens Bank & Trust Co. Buys 8,021 Shares of iShares MBS ETF $MBB

First Citizens Bank & Trust Co. grew its stake in iShares MBS ETF (NASDAQ:MBB) by 57.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,019 shares of the company’s stock after acquiring an additional 8,021 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in iShares MBS ETF were worth $2,095,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Delos Wealth Advisors LLC acquired a new stake in iShares MBS ETF in the second quarter worth $26,000. LRI Investments LLC bought a new stake in shares of iShares MBS ETF in the 2nd quarter valued at $30,000. Tsfg LLC raised its stake in iShares MBS ETF by 106.8% during the 2nd quarter. Tsfg LLC now owns 335 shares of the company’s stock worth $31,000 after buying an additional 173 shares during the period. Westfuller Advisors LLC bought a new position in iShares MBS ETF during the third quarter worth about $33,000. Finally, Evolution Wealth Management Inc. bought a new position in iShares MBS ETF during the second quarter worth about $39,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.2%

NASDAQ MBB opened at $95.55 on Monday. iShares MBS ETF has a one year low of $90.84 and a one year high of $96.25. The stock’s 50-day moving average is $95.36 and its 200-day moving average is $94.84.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a $0.334 dividend. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Friday, December 19th.

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).