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

Bank of America Corp DE lessened its stake in iShares MBS ETF (NASDAQ:MBB) by 6.8% during the first quarter, Holdings Channel reports. The firm owned 66,207,297 shares of the company’s stock after selling 4,842,763 shares during the period. Bank of America Corp DE owned approximately 0.16% of iShares MBS ETF worth $6,286,383,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Ashton Thomas Securities LLC raised its position in shares of iShares MBS ETF by 1.0% in the 1st quarter. Ashton Thomas Securities LLC now owns 35,496 shares of the company’s stock worth $3,368,000 after buying an additional 340 shares during the period. IFS Group LLC acquired a new position in iShares MBS ETF in the first quarter valued at $1,968,000. EverSource Wealth Advisors LLC grew its position in iShares MBS ETF by 1.4% during the first quarter. EverSource Wealth Advisors LLC now owns 114,489 shares of the company’s stock valued at $10,871,000 after acquiring an additional 1,626 shares during the period. Talon Private Wealth LLC purchased a new stake in iShares MBS ETF during the first quarter valued at about $24,450,000. Finally, Readystate Asset Management LP acquired a new stake in iShares MBS ETF during the first quarter worth about $967,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $93.23 on Thursday. The business has a 50-day moving average of $94.05 and a two-hundred day moving average of $94.84. iShares MBS ETF has a 12 month low of $92.82 and a 12 month high of $96.96.

iShares MBS ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.3373 per share. The ex-dividend date of this dividend 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).