Rockland Trust Co. Buys 36,104 Shares of iShares MBS ETF $MBB

Rockland Trust Co. increased its position in iShares MBS ETF (NASDAQ:MBB) by 6.0% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 640,701 shares of the company’s stock after purchasing an additional 36,104 shares during the quarter. iShares MBS ETF accounts for 2.4% of Rockland Trust Co.’s portfolio, making the stock its 10th biggest holding. Rockland Trust Co.’s holdings in iShares MBS ETF were worth $60,559,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. ESL Trust Services LLC acquired a new position in iShares MBS ETF during the fourth quarter worth $28,000. Brown Lisle Cummings Inc. acquired a new stake in shares of iShares MBS ETF in the 1st quarter worth about $28,000. First Community Trust NA bought a new position in iShares MBS ETF in the 1st quarter valued at about $32,000. Nemes Rush Group LLC boosted its stake in iShares MBS ETF by 132.9% during the 4th quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock valued at $34,000 after purchasing an additional 206 shares during the last quarter. Finally, Wealth Watch Advisors INC bought a new stake in iShares MBS ETF during the 3rd quarter worth approximately $35,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.3%

MBB opened at $93.27 on Friday. iShares MBS ETF has a 1 year low of $92.68 and a 1 year high of $96.96. The firm’s fifty day moving average price is $93.89 and its two-hundred day moving average price is $94.72.

iShares MBS ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a dividend of $0.3413 per share. This is a positive change from iShares MBS ETF’s previous dividend of $0.34. The ex-dividend date of this dividend was Monday, August 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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).