iShares MBS ETF (NASDAQ:MBB) Shares Sold by Montecito Bank & Trust

Montecito Bank & Trust lowered its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 6.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,852 shares of the company’s stock after selling 1,042 shares during the quarter. Montecito Bank & Trust’s holdings in iShares MBS ETF were worth $1,453,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Ignite Planners LLC increased its position in shares of iShares MBS ETF by 4.9% in the fourth quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock worth $226,000 after acquiring an additional 115 shares in the last quarter. Strategic Blueprint LLC boosted its position in iShares MBS ETF by 0.6% in the 3rd quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock valued at $1,792,000 after buying an additional 116 shares during the last quarter. Cypress Wealth Services LLC grew its stake in iShares MBS ETF by 0.3% during the 3rd quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock valued at $4,463,000 after purchasing an additional 120 shares in the last quarter. Savvy Advisors Inc. increased its stake in shares of iShares MBS ETF by 4.3% in 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 last quarter. Finally, Delos Wealth Advisors LLC raised its stake in shares of iShares MBS ETF by 4.3% in the 3rd quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock valued at $281,000 after purchasing an additional 121 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 stock opened at $91.53 on Friday. The stock’s 50 day simple moving average is $92.18 and its 200 day simple moving average is $93.59. 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 announced a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.2944 per share. 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).