iShares MBS ETF $MBB Shares Sold by Bank of America Corp DE

Bank of America Corp DE reduced its stake in iShares MBS ETF (NASDAQ:MBB) by 6.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 66,207,297 shares of the company’s stock after selling 4,842,763 shares during the quarter. Bank of America Corp DE owned about 16.38% of iShares MBS ETF worth $6,286,383,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in MBB. Legacy Edge Advisors LLC acquired a new position in iShares MBS ETF in the 4th quarter valued at $1,687,000. ASL Financial LLC purchased a new position in shares of iShares MBS ETF during the 4th quarter worth $977,000. World Investment Advisors boosted its holdings in shares of iShares MBS ETF by 99.0% during the fourth quarter. World Investment Advisors now owns 112,883 shares of the company’s stock worth $10,749,000 after purchasing an additional 56,162 shares during the last quarter. Bangor Savings Bank boosted its holdings in shares of iShares MBS ETF by 10.1% during the fourth quarter. Bangor Savings Bank now owns 378,823 shares of the company’s stock worth $36,072,000 after purchasing an additional 34,786 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC boosted its holdings in shares of iShares MBS ETF by 4.8% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,064,604 shares of the company’s stock worth $101,372,000 after purchasing an additional 49,015 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.5%

Shares of NASDAQ:MBB opened at $93.23 on Thursday. The business has a fifty day simple moving average of $94.05 and a 200-day simple moving average of $94.84. iShares MBS ETF has a 52 week low of $92.82 and a 52 week high of $96.96.

iShares MBS ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a $0.3373 dividend. The ex-dividend date was Wednesday, July 1st.

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).