Midwest Trust Co Increases Stake in iShares MBS ETF $MBB

Midwest Trust Co boosted its stake in iShares MBS ETF (NASDAQ:MBB) by 547.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,146 shares of the company’s stock after buying an additional 20,419 shares during the period. Midwest Trust Co’s holdings in iShares MBS ETF were worth $2,293,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of MBB. ESL Trust Services LLC bought a new position in shares of iShares MBS ETF in the 4th quarter worth approximately $28,000. Brown Lisle Cummings Inc. bought a new stake in shares of iShares MBS ETF during the first quarter valued at approximately $28,000. First Community Trust NA bought a new stake in shares of iShares MBS ETF during the first quarter valued at approximately $32,000. Nemes Rush Group LLC grew its stake in iShares MBS ETF by 132.9% in the fourth quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock worth $34,000 after purchasing an additional 206 shares during the period. Finally, Aventura Private Wealth LLC purchased a new stake in iShares MBS ETF in the fourth quarter worth $35,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Down 0.5%

MBB opened at $93.26 on Tuesday. The stock has a fifty day simple moving average of $94.23 and a two-hundred day simple moving average of $95.00. iShares MBS ETF has a 12-month low of $92.40 and a 12-month high of $96.96.

iShares MBS ETF Dividend Announcement

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

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). 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).