FineMark National Bank & Trust Sells 900 Shares of iShares MBS ETF (NASDAQ:MBB)

FineMark National Bank & Trust cut its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 14.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,290 shares of the company’s stock after selling 900 shares during the quarter. FineMark National Bank & Trust’s holdings in iShares MBS ETF were worth $485,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Modern Wealth Management LLC boosted its holdings in iShares MBS ETF by 312.1% in the fourth quarter. Modern Wealth Management LLC now owns 150,912 shares of the company’s stock worth $13,914,000 after acquiring an additional 114,295 shares in the last quarter. Congress Wealth Management LLC DE lifted its holdings in shares of iShares MBS ETF by 838.6% in the 4th quarter. Congress Wealth Management LLC DE now owns 558,802 shares of the company’s stock worth $51,231,000 after purchasing an additional 499,269 shares in the last quarter. Community Bank N.A. grew its position in iShares MBS ETF by 4.5% in the 4th quarter. Community Bank N.A. now owns 16,831 shares of the company’s stock valued at $1,543,000 after purchasing an additional 718 shares during the period. Meridian Wealth Partners LLC increased its stake in iShares MBS ETF by 2.9% during the 4th quarter. Meridian Wealth Partners LLC now owns 230,320 shares of the company’s stock valued at $21,116,000 after purchasing an additional 6,538 shares in the last quarter. Finally, Paces Ferry Wealth Advisors LLC bought a new stake in iShares MBS ETF during the 4th quarter valued at $201,000. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Down 0.1 %

iShares MBS ETF stock opened at $93.12 on Thursday. The firm’s fifty day moving average price is $92.67 and its two-hundred day moving average price is $93.15. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76.

iShares MBS ETF Cuts Dividend

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

About iShares MBS ETF

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).