Community Trust & Investment Co. Has $18.87 Million Stake in iShares MBS ETF (NASDAQ:MBB)

Community Trust & Investment Co. lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 17.4% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 202,339 shares of the company’s stock after buying an additional 30,025 shares during the period. iShares MBS ETF comprises about 1.5% of Community Trust & Investment Co.’s portfolio, making the stock its 19th biggest holding. Community Trust & Investment Co. owned about 0.07% of iShares MBS ETF worth $18,871,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE grew its holdings in iShares MBS ETF by 7.4% during the 4th quarter. Bank of America Corp DE now owns 72,203,910 shares of the company’s stock worth $6,696,913,000 after acquiring an additional 4,956,104 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of iShares MBS ETF by 18.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 29,377,055 shares of the company’s stock valued at $2,782,888,000 after purchasing an additional 4,628,420 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares MBS ETF by 1.1% during the first quarter. JPMorgan Chase & Co. now owns 22,980,593 shares of the company’s stock worth $2,176,954,000 after buying an additional 259,867 shares during the last quarter. LPL Financial LLC lifted its holdings in iShares MBS ETF by 154.6% in the first quarter. LPL Financial LLC now owns 16,195,270 shares of the company’s stock valued at $1,534,178,000 after buying an additional 9,833,647 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in iShares MBS ETF by 4.9% during the first quarter. Ameriprise Financial Inc. now owns 10,827,509 shares of the company’s stock valued at $1,025,276,000 after acquiring an additional 503,878 shares during the last quarter. Institutional investors and hedge funds own 92.51% of the company’s stock.

iShares MBS ETF Stock Performance

MBB stock traded down $0.04 during midday trading on Tuesday, reaching $90.71. 265,157 shares of the company’s stock traded hands, compared to its average volume of 2,050,747. iShares MBS ETF has a 52 week low of $88.00 and a 52 week high of $96.78. The firm’s fifty day moving average price is $91.71 and its 200-day moving average price is $93.15.

iShares MBS ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, September 8th. Investors of record on Tuesday, September 5th were given a dividend of $0.264 per share. This represents a $3.17 dividend on an annualized basis and a dividend yield of 3.49%. The ex-dividend date of this dividend was Friday, September 1st.

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).