Huntington National Bank Purchases 2,096 Shares of iShares MBS ETF $MBB

Huntington National Bank boosted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 1.3% during the 2nd quarter, HoldingsChannel reports. The fund owned 160,038 shares of the company’s stock after buying an additional 2,096 shares during the quarter. Huntington National Bank’s holdings in iShares MBS ETF were worth $15,026,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Optivise Advisory Services LLC increased its stake in iShares MBS ETF by 18.9% during the second quarter. Optivise Advisory Services LLC now owns 16,298 shares of the company’s stock valued at $1,530,000 after acquiring an additional 2,591 shares during the period. Fullcircle Wealth LLC increased its stake in iShares MBS ETF by 10.0% during the second quarter. Fullcircle Wealth LLC now owns 14,919 shares of the company’s stock valued at $1,399,000 after acquiring an additional 1,351 shares during the period. Connable Office Inc. increased its stake in iShares MBS ETF by 15.5% during the second quarter. Connable Office Inc. now owns 318,617 shares of the company’s stock valued at $29,915,000 after acquiring an additional 42,672 shares during the period. Tsfg LLC increased its stake in iShares MBS ETF by 106.8% during the second quarter. Tsfg LLC now owns 335 shares of the company’s stock valued at $31,000 after acquiring an additional 173 shares during the period. Finally, Bank of Montreal Can increased its stake in iShares MBS ETF by 7.2% during the second quarter. Bank of Montreal Can now owns 1,260,829 shares of the company’s stock valued at $118,379,000 after acquiring an additional 84,824 shares during the period. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

Shares of MBB opened at $95.25 on Wednesday. iShares MBS ETF has a 12-month low of $90.28 and a 12-month high of $96.25. The stock’s 50-day moving average price is $95.24 and its 200 day moving average price is $93.73.

iShares MBS ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd will be given a $0.342 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.34. The ex-dividend date is Monday, November 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).