Norway Savings Bank Sells 2,854 Shares of iShares MBS ETF (NASDAQ:MBB)

Norway Savings Bank decreased its stake in iShares MBS ETF (NASDAQ:MBB) by 16.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,429 shares of the company’s stock after selling 2,854 shares during the period. Norway Savings Bank’s holdings in iShares MBS ETF were worth $1,346,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Valmark Advisers Inc. lifted its stake in iShares MBS ETF by 4.8% in the 1st quarter. Valmark Advisers Inc. now owns 2,340 shares of the company’s stock valued at $222,000 after purchasing an additional 107 shares during the last quarter. IVC Wealth Advisors LLC lifted its stake in iShares MBS ETF by 3.3% in the 1st quarter. IVC Wealth Advisors LLC now owns 3,586 shares of the company’s stock valued at $340,000 after purchasing an additional 113 shares during the last quarter. Financial Life Advisors lifted its stake in iShares MBS ETF by 5.2% in the 1st quarter. Financial Life Advisors now owns 2,509 shares of the company’s stock valued at $238,000 after purchasing an additional 124 shares during the last quarter. Brinker Capital Investments LLC lifted its position in iShares MBS ETF by 6.3% during the first quarter. Brinker Capital Investments LLC now owns 2,190 shares of the company’s stock worth $223,000 after acquiring an additional 130 shares during the last quarter. Finally, Peoples Bank OH lifted its position in iShares MBS ETF by 3.7% during the first quarter. Peoples Bank OH now owns 3,908 shares of the company’s stock worth $370,000 after acquiring an additional 139 shares during the last quarter. Institutional investors own 92.51% of the company’s stock.

iShares MBS ETF Stock Down 0.3 %

Shares of NASDAQ MBB traded down $0.25 during midday trading on Friday, reaching $90.64. The company’s stock had a trading volume of 1,193,787 shares, compared to its average volume of 2,065,817. iShares MBS ETF has a fifty-two week low of $88.00 and a fifty-two week high of $96.78. The business’s 50 day moving average price is $91.71 and its two-hundred day moving average price is $93.17.

iShares MBS ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 8th. Shareholders of record on Tuesday, September 5th were paid a dividend of $0.264 per share. The ex-dividend date of this dividend was Friday, September 1st. This represents a $3.17 dividend on an annualized basis and a dividend yield of 3.50%.

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).