Community Bank N.A. Has $1.54 Million Holdings in iShares MBS ETF (NASDAQ:MBB)

Community Bank N.A. increased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 96.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,113 shares of the company’s stock after acquiring an additional 7,920 shares during the period. Community Bank N.A.’s holdings in iShares MBS ETF were worth $1,544,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MBB. Envestnet Asset Management Inc. increased its stake in shares of iShares MBS ETF by 12.7% in the second quarter. Envestnet Asset Management Inc. now owns 25,036,908 shares of the company’s stock valued at $2,298,639,000 after buying an additional 2,829,414 shares in the last quarter. LPL Financial LLC increased its position in iShares MBS ETF by 6.3% in the 3rd quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock valued at $1,838,565,000 after acquiring an additional 1,138,182 shares in the last quarter. Fisher Asset Management LLC raised its stake in shares of iShares MBS ETF by 8.3% in the third quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock worth $1,750,027,000 after acquiring an additional 1,404,263 shares during the last quarter. TIAA Trust National Association raised its stake in shares of iShares MBS ETF by 2.3% in the second quarter. TIAA Trust National Association now owns 4,768,602 shares of the company’s stock worth $437,805,000 after acquiring an additional 107,420 shares during the last quarter. Finally, Allworth Financial LP lifted its position in shares of iShares MBS ETF by 2.4% during the third quarter. Allworth Financial LP now owns 3,069,901 shares of the company’s stock worth $294,127,000 after purchasing an additional 71,046 shares in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

Shares of iShares MBS ETF stock opened at $93.93 on Monday. The firm has a 50 day simple moving average of $93.72 and a 200 day simple moving average of $93.52. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.3099 per share. The ex-dividend date of this dividend was Friday, November 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).