UNIVEST FINANCIAL Corp Buys New Stake in iShares MBS ETF $MBB

UNIVEST FINANCIAL Corp bought a new stake in shares of iShares MBS ETF (NASDAQ:MBB) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 63,431 shares of the company’s stock, valued at approximately $5,685,000.

Several other large investors have also recently made changes to their positions in MBB. Jacobi Capital Management LLC grew its position in shares of iShares MBS ETF by 3.8% during the 3rd quarter. Jacobi Capital Management LLC now owns 40,887 shares of the company’s stock valued at $3,664,000 after acquiring an additional 1,504 shares during the period. International Private Wealth Advisors LLC raised its holdings in iShares MBS ETF by 2.6% in the 3rd quarter. International Private Wealth Advisors LLC now owns 58,483 shares of the company’s stock worth $5,241,000 after purchasing an additional 1,489 shares during the period. Knights of Columbus Asset Advisors LLC raised its holdings in iShares MBS ETF by 98.4% in the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 124,921 shares of the company’s stock worth $11,195,000 after purchasing an additional 61,972 shares during the period. Moneco Advisors LLC raised its holdings in iShares MBS ETF by 160.5% in the 3rd quarter. Moneco Advisors LLC now owns 12,975 shares of the company’s stock worth $1,163,000 after purchasing an additional 7,995 shares during the period. Finally, Keybank National Association OH purchased a new position in iShares MBS ETF during the third quarter worth approximately $14,826,000. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Trading Down 0.1%

Shares of MBB stock opened at $91.11 on Thursday. iShares MBS ETF has a 12-month low of $88.58 and a 12-month high of $96.96. The business’s 50 day moving average is $90.95 and its two-hundred day moving average is $93.63.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were paid a dividend of $0.3471 per share. This represents a $4.17 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Monday, November 2nd. This is a negative change from iShares MBS ETF’s previous monthly dividend of $0.3662.

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).