Dorsey & Whitney Trust CO LLC Purchases 1,293 Shares of iShares MBS ETF (NASDAQ:MBB)

Dorsey & Whitney Trust CO LLC boosted its position in iShares MBS ETF (NASDAQ:MBB) by 8.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,787 shares of the company’s stock after purchasing an additional 1,293 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in iShares MBS ETF were worth $1,539,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Hobbs Group Advisors LLC lifted its position in shares of iShares MBS ETF by 115.5% during the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after acquiring an additional 149 shares during the period. MeadowBrook Investment Advisors LLC lifted its position in shares of iShares MBS ETF by 413.5% during the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after acquiring an additional 306 shares during the period. Key Financial Inc lifted its position in shares of iShares MBS ETF by 4,220.0% during the 4th quarter. Key Financial Inc now owns 432 shares of the company’s stock valued at $40,000 after acquiring an additional 422 shares during the period. Activest Wealth Management bought a new stake in shares of iShares MBS ETF during the 4th quarter valued at $58,000. Finally, CENTRAL TRUST Co lifted its position in shares of iShares MBS ETF by 41.4% during the 4th quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock valued at $59,000 after acquiring an additional 189 shares during the period. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Trading Down 0.1 %

NASDAQ:MBB opened at $93.13 on Friday. The stock has a fifty day moving average price of $92.13 and a 200-day moving average price of $93.34. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.3204 per share. The ex-dividend date was Monday, March 3rd.

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).