PNC Financial Services Group Inc. Has $294.96 Million Stock Holdings in iShares MBS ETF $MBB

PNC Financial Services Group Inc. lifted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 3.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,106,470 shares of the company’s stock after purchasing an additional 106,144 shares during the period. PNC Financial Services Group Inc. owned about 0.77% of iShares MBS ETF worth $294,959,000 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. Global Financial Private Client LLC boosted its position in iShares MBS ETF by 3.8% during the 1st quarter. Global Financial Private Client LLC now owns 2,937 shares of the company’s stock worth $279,000 after buying an additional 108 shares during the period. RFG Advisory LLC increased its position in iShares MBS ETF by 3.0% in the 4th quarter. RFG Advisory LLC now owns 3,989 shares of the company’s stock valued at $380,000 after acquiring an additional 116 shares during the period. Alteri Wealth LLC increased its position in iShares MBS ETF by 0.6% in the 4th quarter. Alteri Wealth LLC now owns 18,467 shares of the company’s stock valued at $1,758,000 after acquiring an additional 118 shares during the period. Tompkins Financial Corp increased its position in iShares MBS ETF by 15.1% in the 4th quarter. Tompkins Financial Corp now owns 915 shares of the company’s stock valued at $87,000 after acquiring an additional 120 shares during the period. Finally, Merkkuri Wealth Advisors LLC raised its stake in shares of iShares MBS ETF by 1.2% during the first quarter. Merkkuri Wealth Advisors LLC now owns 9,944 shares of the company’s stock valued at $944,000 after acquiring an additional 120 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.2%

Shares of NASDAQ:MBB opened at $93.41 on Wednesday. The firm’s fifty day moving average is $94.12 and its 200-day moving average is $94.93. iShares MBS ETF has a 52 week low of $92.43 and a 52 week high of $96.96.

iShares MBS ETF Dividend Announcement

The business 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).