iShares MBS ETF (NASDAQ:MBB) Shares Sold by Elevated Capital Advisors LLC

Elevated Capital Advisors LLC lessened its holdings in iShares MBS ETF (NASDAQ:MBB) by 14.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,954 shares of the company’s stock after selling 683 shares during the period. Elevated Capital Advisors LLC’s holdings in iShares MBS ETF were worth $363,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Hobbs Group Advisors LLC boosted its stake in 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. St. Johns Investment Management Company LLC acquired a new stake in iShares MBS ETF in the 3rd quarter valued at approximately $30,000. Godsey & Gibb Inc. purchased a new stake in iShares MBS ETF in the third quarter valued at approximately $33,000. MeadowBrook Investment Advisors LLC lifted its stake in iShares MBS ETF by 413.5% during the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after purchasing an additional 306 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV grew its stake in shares of iShares MBS ETF by 254.2% in the third quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock valued at $44,000 after buying an additional 333 shares in the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

MBB opened at $90.37 on Tuesday. The stock’s 50-day moving average price is $92.35 and its 200 day moving average price is $93.61. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.2944 dividend. The ex-dividend date was Wednesday, December 18th.

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).