Rockland Trust Co. Sells 6,065 Shares of iShares MBS ETF $MBB

Rockland Trust Co. lessened its stake in iShares MBS ETF (NASDAQ:MBB) by 1.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 590,514 shares of the company’s stock after selling 6,065 shares during the period. iShares MBS ETF comprises about 2.2% of Rockland Trust Co.’s portfolio, making the stock its 10th biggest position. Rockland Trust Co. owned 0.14% of iShares MBS ETF worth $56,229,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in MBB. Bank of America Corp DE boosted its holdings in iShares MBS ETF by 11.8% in the third quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock valued at $6,840,878,000 after acquiring an additional 7,566,099 shares during the last quarter. Barclays PLC increased its position in iShares MBS ETF by 77.1% during the 3rd quarter. Barclays PLC now owns 7,632,784 shares of the company’s stock valued at $726,259,000 after purchasing an additional 3,322,737 shares during the period. TIAA Trust National Association raised its holdings in iShares MBS ETF by 5.8% during the 3rd quarter. TIAA Trust National Association now owns 25,364,396 shares of the company’s stock worth $2,413,954,000 after purchasing an additional 1,399,487 shares during the last quarter. Fisher Asset Management LLC raised its holdings in iShares MBS ETF by 5.7% during the 3rd quarter. Fisher Asset Management LLC now owns 22,503,900 shares of the company’s stock worth $2,141,246,000 after purchasing an additional 1,206,273 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of iShares MBS ETF by 2.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock worth $4,917,131,000 after purchasing an additional 1,182,620 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $94.95 on Wednesday. The company’s 50 day moving average price is $95.57 and its 200-day moving average price is $95.45. iShares MBS ETF has a 52-week low of $90.84 and a 52-week high of $96.96.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.3278 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.1%.

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).