Alesco Advisors LLC Cuts Stock Position in iShares MBS ETF (NASDAQ:MBB)

Alesco Advisors LLC cut its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 10.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,580 shares of the company’s stock after selling 905 shares during the period. Alesco Advisors LLC’s holdings in iShares MBS ETF were worth $695,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Ignite Planners LLC increased its stake in shares of iShares MBS ETF by 4.9% during the fourth quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock worth $226,000 after buying an additional 115 shares during the period. Savvy Advisors Inc. increased its stake in shares of iShares MBS ETF by 4.3% during the third quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock worth $280,000 after buying an additional 121 shares during the period. Delos Wealth Advisors LLC increased its stake in shares of iShares MBS ETF by 4.3% during the third quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock worth $281,000 after buying an additional 121 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of iShares MBS ETF by 18.7% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 794 shares of the company’s stock worth $73,000 after buying an additional 125 shares during the period. Finally, Hobbs Group Advisors LLC increased its stake in shares of iShares MBS ETF by 115.5% during the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after buying an additional 149 shares during the period. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

MBB stock opened at $94.08 on Monday. The company’s 50 day moving average price is $91.92 and its 200 day moving average price is $93.38. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76.

iShares MBS ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a dividend of $0.3414 per share. This is a positive change from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 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).