First Citizens Bank & Trust Co. Boosts Stock Position in iShares MBS ETF (NASDAQ:MBB)

First Citizens Bank & Trust Co. lifted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 41.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,430 shares of the company’s stock after purchasing an additional 3,665 shares during the period. First Citizens Bank & Trust Co.’s holdings in iShares MBS ETF were worth $1,140,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of MBB. Ignite Planners LLC grew its position in iShares MBS ETF by 4.9% in the 4th quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock worth $226,000 after purchasing an additional 115 shares during the period. Strategic Blueprint LLC grew its position in iShares MBS ETF by 0.6% in the 3rd quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock worth $1,792,000 after purchasing an additional 116 shares during the period. Cypress Wealth Services LLC grew its position in iShares MBS ETF by 0.3% in the 3rd quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock worth $4,463,000 after purchasing an additional 120 shares during the period. Savvy Advisors Inc. grew its position in iShares MBS ETF by 4.3% in the 3rd quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock worth $280,000 after purchasing an additional 121 shares during the period. Finally, Delos Wealth Advisors LLC grew its position in iShares MBS ETF by 4.3% in the 3rd quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock worth $281,000 after purchasing an additional 121 shares during the period. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Up 0.1 %

Shares of iShares MBS ETF stock opened at $91.65 on Monday. The company’s fifty day simple moving average is $92.16 and its 200-day simple moving average is $93.58. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.2944 per share. The ex-dividend date of this dividend was Wednesday, December 18th.

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).