NBT Bank N A NY Lowers Position in iShares MBS ETF (NASDAQ:MBB)

NBT Bank N A NY decreased its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 10.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,708 shares of the company’s stock after selling 1,099 shares during the period. NBT Bank N A NY’s holdings in iShares MBS ETF were worth $891,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. IFG Advisory LLC grew its position in iShares MBS ETF by 25.3% in the 2nd quarter. IFG Advisory LLC now owns 50,717 shares of the company’s stock worth $4,656,000 after purchasing an additional 10,241 shares in the last quarter. Rothschild Investment LLC purchased a new position in shares of iShares MBS ETF in the 2nd quarter worth approximately $33,000. BOS Asset Management LLC grew its holdings in shares of iShares MBS ETF by 109.7% in the second quarter. BOS Asset Management LLC now owns 7,229 shares of the company’s stock valued at $664,000 after acquiring an additional 3,781 shares in the last quarter. WMG Financial Advisors LLC bought a new position in shares of iShares MBS ETF in the second quarter valued at approximately $296,000. Finally, Heritage Family Offices LLP purchased a new stake in shares of iShares MBS ETF during the second quarter valued at approximately $328,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.1 %

MBB stock traded down $0.06 during midday trading on Friday, hitting $95.24. The company’s stock had a trading volume of 1,687,345 shares, compared to its average volume of 2,274,048. The stock’s 50-day moving average price is $93.59 and its 200 day moving average price is $92.15. iShares MBS ETF has a 1 year low of $85.28 and a 1 year high of $95.85.

iShares MBS ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st were given a $0.3086 dividend. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $3.70 annualized dividend and a yield of 3.89%.

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).