Community Bank N.A. Makes New Investment in iShares MBS ETF (NASDAQ:MBB)

Community Bank N.A. bought a new position in shares of iShares MBS ETF (NASDAQ:MBB) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 25,756 shares of the company’s stock, valued at approximately $2,423,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Register Financial Advisors LLC boosted its position in iShares MBS ETF by 584.6% during the fourth quarter. Register Financial Advisors LLC now owns 267 shares of the company’s stock valued at $25,000 after acquiring an additional 228 shares during the last quarter. BluePath Capital Management LLC bought a new stake in iShares MBS ETF during the third quarter valued at $26,000. LFA Lugano Financial Advisors SA bought a new stake in iShares MBS ETF during the fourth quarter valued at $28,000. Avior Wealth Management LLC boosted its position in iShares MBS ETF by 535.3% during the third quarter. Avior Wealth Management LLC now owns 324 shares of the company’s stock valued at $29,000 after acquiring an additional 273 shares during the last quarter. Finally, Kozak & Associates Inc. bought a new stake in iShares MBS ETF during the fourth quarter valued at $31,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB traded down $0.29 during trading on Wednesday, reaching $89.82. 16,600,718 shares of the stock traded hands, compared to its average volume of 2,727,356. The stock’s 50-day moving average is $91.52 and its 200 day moving average is $91.20. iShares MBS ETF has a 12 month low of $85.28 and a 12 month high of $95.70.

iShares MBS ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.2827 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.39 dividend on an annualized basis and a dividend yield of 3.78%.

About iShares MBS ETF

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).