Wilmington Savings Fund Society FSB Purchases New Position in iShares MBS ETF (NASDAQ:MBB)

Wilmington Savings Fund Society FSB acquired a new position in iShares MBS ETF (NASDAQ:MBB) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,246 shares of the company’s stock, valued at approximately $119,000.

Other hedge funds have also bought and sold shares of the company. Exchange Traded Concepts LLC bought a new stake in shares of iShares MBS ETF during the third quarter valued at about $519,000. Ascent Group LLC lifted its stake in iShares MBS ETF by 27.5% in the 2nd quarter. Ascent Group LLC now owns 76,549 shares of the company’s stock worth $7,028,000 after purchasing an additional 16,488 shares in the last quarter. Zions Bancorporation N.A. bought a new position in iShares MBS ETF in the 2nd quarter valued at $189,000. AAFMAA Wealth Management & Trust LLC raised its position in shares of iShares MBS ETF by 0.9% in the third quarter. AAFMAA Wealth Management & Trust LLC now owns 66,897 shares of the company’s stock worth $6,409,000 after buying an additional 592 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC boosted its stake in iShares MBS ETF by 12.5% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 20,270 shares of the company’s stock valued at $1,861,000 after buying an additional 2,257 shares during the period. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $91.26 on Friday. The business has a 50-day simple moving average of $93.07 and a 200 day simple moving average of $93.68. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, December 23rd. Investors of record on Wednesday, December 18th will be given a $0.2944 dividend. The ex-dividend date is Wednesday, December 18th.

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).