iShares MBS ETF (NASDAQ:MBB) Shares Sold by Truist Financial Corp

Truist Financial Corp decreased its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 0.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,201,188 shares of the company’s stock after selling 3,146 shares during the quarter. Truist Financial Corp owned approximately 1.04% of iShares MBS ETF worth $301,168,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of MBB. Simplicity Solutions LLC grew its position in shares of iShares MBS ETF by 3.6% during the fourth quarter. Simplicity Solutions LLC now owns 3,367 shares of the company’s stock worth $317,000 after acquiring an additional 117 shares during the last quarter. CoreCap Advisors LLC grew its position in iShares MBS ETF by 4.4% during the 4th quarter. CoreCap Advisors LLC now owns 3,353 shares of the company’s stock worth $315,000 after purchasing an additional 142 shares during the last quarter. Ellis Investment Partners LLC increased its stake in iShares MBS ETF by 5.3% in the fourth quarter. Ellis Investment Partners LLC now owns 2,899 shares of the company’s stock valued at $273,000 after purchasing an additional 146 shares during the period. Proffitt & Goodson Inc. raised its holdings in shares of iShares MBS ETF by 0.4% in the fourth quarter. Proffitt & Goodson Inc. now owns 35,782 shares of the company’s stock valued at $3,366,000 after buying an additional 153 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its stake in shares of iShares MBS ETF by 0.6% during the third quarter. Hsbc Holdings PLC now owns 27,579 shares of the company’s stock worth $2,449,000 after buying an additional 161 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB stock traded up $0.36 during trading on Friday, hitting $89.80. The company had a trading volume of 2,052,622 shares, compared to its average volume of 2,710,366. The firm has a 50-day moving average price of $91.43 and a 200-day moving average price of $91.19. iShares MBS ETF has a 1-year low of $85.28 and a 1-year high of $95.70.

iShares MBS ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.2827 per share. This represents a $3.39 annualized dividend and a dividend yield of 3.78%. The ex-dividend date was Monday, April 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).