Nixon Peabody Trust Co. Makes New $903,000 Investment in iShares MBS ETF $MBB

Nixon Peabody Trust Co. acquired a new position in iShares MBS ETF (NASDAQ:MBBFree Report) in the first quarter, HoldingsChannel.com reports. The institutional investor acquired 9,507 shares of the company’s stock, valued at approximately $903,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Global Financial Private Client LLC grew its position in shares of iShares MBS ETF by 3.8% in the first quarter. Global Financial Private Client LLC now owns 2,937 shares of the company’s stock valued at $279,000 after purchasing an additional 108 shares in the last quarter. RFG Advisory LLC lifted its position in iShares MBS ETF by 3.0% during the fourth quarter. RFG Advisory LLC now owns 3,989 shares of the company’s stock worth $380,000 after buying an additional 116 shares in the last quarter. Alteri Wealth LLC lifted its position in iShares MBS ETF by 0.6% during the fourth quarter. Alteri Wealth LLC now owns 18,467 shares of the company’s stock worth $1,758,000 after buying an additional 118 shares in the last quarter. Tompkins Financial Corp boosted its stake in iShares MBS ETF by 15.1% during the fourth quarter. Tompkins Financial Corp now owns 915 shares of the company’s stock worth $87,000 after buying an additional 120 shares during the last quarter. Finally, Merkkuri Wealth Advisors LLC boosted its stake in iShares MBS ETF by 1.2% during the first quarter. Merkkuri Wealth Advisors LLC now owns 9,944 shares of the company’s stock worth $944,000 after buying an additional 120 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $94.13 on Friday. The business has a fifty day moving average of $94.37 and a two-hundred day moving average of $95.06. iShares MBS ETF has a 52-week low of $92.40 and a 52-week high of $96.96.

iShares MBS ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be given a dividend of $0.3373 per share. The ex-dividend date of this dividend is Wednesday, July 1st.

About iShares MBS ETF

(Free Report)

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).

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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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