Central Bank & Trust Co. Lowers Holdings in iShares MBS ETF $MBB

Central Bank & Trust Co. trimmed its position in shares of iShares MBS ETF (NASDAQ:MBB) by 95.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,931 shares of the company’s stock after selling 60,674 shares during the period. Central Bank & Trust Co.’s holdings in iShares MBS ETF were worth $263,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Global Financial Private Client LLC grew its holdings in shares of iShares MBS ETF by 3.8% during the 1st quarter. Global Financial Private Client LLC now owns 2,937 shares of the company’s stock worth $279,000 after purchasing an additional 108 shares in the last quarter. Merkkuri Wealth Advisors LLC lifted its position in iShares MBS ETF by 1.2% in the first quarter. Merkkuri Wealth Advisors LLC now owns 9,944 shares of the company’s stock worth $944,000 after purchasing an additional 120 shares during the period. Signature Equity Partners LLC lifted its position in iShares MBS ETF by 27.4% in the first quarter. Signature Equity Partners LLC now owns 562 shares of the company’s stock worth $53,000 after purchasing an additional 121 shares during the period. Beacon Financial Advisory LLC boosted its stake in iShares MBS ETF by 1.7% during the fourth quarter. Beacon Financial Advisory LLC now owns 7,717 shares of the company’s stock worth $735,000 after buying an additional 127 shares in the last quarter. Finally, Trinity Wealth Management LLC boosted its stake in iShares MBS ETF by 1.9% during the first quarter. Trinity Wealth Management LLC now owns 7,061 shares of the company’s stock worth $670,000 after buying an additional 132 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.1%

iShares MBS ETF stock traded down $0.05 on Friday, hitting $89.68. The company’s stock had a trading volume of 2,136,427 shares, compared to its average volume of 3,118,594. iShares MBS ETF has a one year low of $88.58 and a one year high of $96.96. The company has a fifty day moving average price of $91.94 and a 200-day moving average price of $93.49.

iShares MBS ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a $0.3662 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.3388. This represents a $4.39 dividend on an annualized basis and a yield of 4.9%.

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). 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).