First American Trust FSB Grows Stake in iShares MBS ETF (NASDAQ:MBB)

First American Trust FSB boosted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 10.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 55,544 shares of the company’s stock after acquiring an additional 5,114 shares during the quarter. First American Trust FSB’s holdings in iShares MBS ETF were worth $5,092,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Principal Financial Group Inc. purchased a new stake in shares of iShares MBS ETF in the third quarter valued at $289,000. Commerce Bank grew its holdings in iShares MBS ETF by 87.2% during the 3rd quarter. Commerce Bank now owns 4,166 shares of the company’s stock valued at $399,000 after purchasing an additional 1,940 shares during the last quarter. Meridian Wealth Management LLC purchased a new stake in iShares MBS ETF in the 3rd quarter worth about $222,000. Great Valley Advisor Group Inc. lifted its stake in iShares MBS ETF by 26.7% in the third quarter. Great Valley Advisor Group Inc. now owns 12,132 shares of the company’s stock worth $1,162,000 after purchasing an additional 2,553 shares during the last quarter. Finally, Cerity Partners LLC boosted its position in shares of iShares MBS ETF by 0.5% during the third quarter. Cerity Partners LLC now owns 39,068 shares of the company’s stock valued at $3,743,000 after buying an additional 206 shares during the period. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 0.5 %

MBB opened at $93.07 on Tuesday. The stock’s 50 day moving average price is $92.58 and its 200-day moving average price is $93.16. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.3204 dividend. The ex-dividend date was Monday, March 3rd.

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).