iShares MBS ETF $MBB Shares Acquired by Bangor Savings Bank

Bangor Savings Bank grew its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 10.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 378,823 shares of the company’s stock after purchasing an additional 34,786 shares during the period. iShares MBS ETF makes up about 2.9% of Bangor Savings Bank’s portfolio, making the stock its 11th biggest holding. Bangor Savings Bank owned about 0.09% of iShares MBS ETF worth $36,072,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Victory Financial Group LLC purchased a new stake in iShares MBS ETF in the fourth quarter valued at about $297,000. RCS Financial Planning LLC grew its stake in shares of iShares MBS ETF by 8.6% during the fourth quarter. RCS Financial Planning LLC now owns 13,610 shares of the company’s stock worth $1,296,000 after acquiring an additional 1,076 shares during the last quarter. Cobblestone Asset Management LLC increased its holdings in shares of iShares MBS ETF by 4.8% during the fourth quarter. Cobblestone Asset Management LLC now owns 61,084 shares of the company’s stock valued at $5,816,000 after acquiring an additional 2,793 shares in the last quarter. Archford Capital Strategies LLC increased its holdings in shares of iShares MBS ETF by 5.2% during the fourth quarter. Archford Capital Strategies LLC now owns 61,941 shares of the company’s stock valued at $5,898,000 after acquiring an additional 3,084 shares in the last quarter. Finally, Foster & Motley Inc. raised its position in shares of iShares MBS ETF by 3.1% in the 4th quarter. Foster & Motley Inc. now owns 103,372 shares of the company’s stock valued at $9,843,000 after purchasing an additional 3,154 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.3%

MBB stock opened at $94.67 on Thursday. iShares MBS ETF has a 52 week low of $90.84 and a 52 week high of $96.96. The firm has a 50 day moving average of $95.56 and a 200 day moving average of $95.44.

iShares MBS ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st will be paid a dividend of $0.3329 per share. The ex-dividend date is Wednesday, April 1st. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.33. This represents a c) annualized dividend and a dividend yield of 4.2%.

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).