iShares MBS ETF $MBB Shares Acquired by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 4.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,000,326 shares of the company’s stock after buying an additional 116,135 shares during the period. PNC Financial Services Group Inc. owned approximately 0.73% of iShares MBS ETF worth $285,691,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Dynasty Wealth Management LLC lifted its position in iShares MBS ETF by 10.8% in the third quarter. Dynasty Wealth Management LLC now owns 1,649,146 shares of the company’s stock valued at $156,916,000 after purchasing an additional 160,926 shares during the period. Dakota Wealth Management lifted its position in iShares MBS ETF by 20.9% in the third quarter. Dakota Wealth Management now owns 363,649 shares of the company’s stock valued at $34,601,000 after purchasing an additional 62,909 shares during the period. Avidian Wealth Enterprises LLC lifted its position in iShares MBS ETF by 3.4% in the third quarter. Avidian Wealth Enterprises LLC now owns 709,399 shares of the company’s stock valued at $67,499,000 after purchasing an additional 23,459 shares during the period. Brookstone Capital Management lifted its position in iShares MBS ETF by 3.2% in the fourth quarter. Brookstone Capital Management now owns 308,428 shares of the company’s stock valued at $29,368,000 after purchasing an additional 9,547 shares during the period. Finally, Argent Trust Co lifted its position in iShares MBS ETF by 233.6% in the third quarter. Argent Trust Co now owns 9,790 shares of the company’s stock valued at $932,000 after purchasing an additional 6,855 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.4%

MBB stock opened at $93.08 on Wednesday. The firm has a 50 day moving average of $94.81 and a 200-day moving average of $95.29. iShares MBS ETF has a 12-month low of $91.19 and a 12-month high of $96.96.

iShares MBS ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a dividend of $0.3346 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Friday, May 1st.

iShares MBS ETF Company 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).