M&T Bank Corp Has $2.37 Million Stock Position in iShares MBS ETF (NASDAQ:MBB)

M&T Bank Corp cut its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 19.9% in the fourth quarter, HoldingsChannel reports. The fund owned 25,807 shares of the company’s stock after selling 6,396 shares during the quarter. M&T Bank Corp’s holdings in iShares MBS ETF were worth $2,366,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Principal Financial Group Inc. acquired a new stake in iShares MBS ETF during the 3rd quarter worth about $289,000. Kestra Investment Management LLC lifted its holdings in shares of iShares MBS ETF by 265.9% during the 3rd quarter. Kestra Investment Management LLC now owns 249,363 shares of the company’s stock valued at $23,891,000 after buying an additional 181,210 shares during the last quarter. Fifth Third Bancorp lifted its holdings in shares of iShares MBS ETF by 272.8% during the 4th quarter. Fifth Third Bancorp now owns 1,633 shares of the company’s stock valued at $150,000 after buying an additional 1,195 shares during the last quarter. Cerity Partners LLC lifted its holdings in shares of iShares MBS ETF by 0.5% during the 3rd quarter. Cerity Partners LLC now owns 39,068 shares of the company’s stock valued at $3,743,000 after buying an additional 206 shares during the last quarter. Finally, Cobblestone Capital Advisors LLC NY lifted its holdings in shares of iShares MBS ETF by 2.0% during the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 24,696 shares of the company’s stock valued at $2,366,000 after buying an additional 495 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Trading Down 0.1 %

Shares of iShares MBS ETF stock opened at $93.13 on Monday. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76. The stock has a 50-day simple moving average of $92.13 and a 200-day simple moving average of $93.33.

iShares MBS ETF Cuts Dividend

The company 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 of this dividend was Monday, March 3rd.

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).