iShares MBS ETF (NASDAQ:MBB) Shares Sold by Truist Financial Corp

Truist Financial Corp cut its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 0.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,201,188 shares of the company’s stock after selling 3,146 shares during the period. Truist Financial Corp’s holdings in iShares MBS ETF were worth $301,168,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Register Financial Advisors LLC increased its stake in shares of iShares MBS ETF by 584.6% in the fourth quarter. Register Financial Advisors LLC now owns 267 shares of the company’s stock worth $25,000 after buying an additional 228 shares during the last quarter. BluePath Capital Management LLC bought a new stake in shares of iShares MBS ETF in the 3rd quarter worth about $26,000. LFA Lugano Financial Advisors SA bought a new stake in shares of iShares MBS ETF in the 4th quarter worth about $28,000. Avior Wealth Management LLC raised its stake in shares of iShares MBS ETF by 535.3% in the 3rd quarter. Avior Wealth Management LLC now owns 324 shares of the company’s stock valued at $29,000 after purchasing an additional 273 shares in the last quarter. Finally, Kozak & Associates Inc. bought a new position in shares of iShares MBS ETF during the fourth quarter worth about $31,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Up 0.4 %

NASDAQ:MBB traded up $0.36 during mid-day trading on Friday, reaching $89.80. The stock had a trading volume of 2,052,622 shares, compared to its average volume of 2,710,366. iShares MBS ETF has a 1-year low of $85.28 and a 1-year high of $95.70. The stock’s 50 day simple moving average is $91.43 and its two-hundred day simple moving average is $91.19.

iShares MBS ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a $0.2827 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.39 annualized dividend and a dividend yield of 3.78%.

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).