iShares MBS ETF (NASDAQ:MBB) Shares Sold by Patten Group Inc.

Patten Group Inc. reduced its position in shares of iShares MBS ETF (NASDAQ:MBB) by 23.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,184 shares of the company’s stock after selling 995 shares during the period. Patten Group Inc.’s holdings in iShares MBS ETF were worth $292,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of MBB. World Equity Group Inc. boosted its stake in shares of iShares MBS ETF by 26.5% during the 3rd quarter. World Equity Group Inc. now owns 3,881 shares of the company’s stock worth $372,000 after purchasing an additional 813 shares during the last quarter. Alterna Wealth Management Inc. boosted its stake in shares of iShares MBS ETF by 13.1% during the 3rd quarter. Alterna Wealth Management Inc. now owns 20,317 shares of the company’s stock worth $1,947,000 after purchasing an additional 2,348 shares during the last quarter. United Advisor Group LLC acquired a new stake in shares of iShares MBS ETF during the 3rd quarter worth about $701,000. Hanlon Investment Management Inc. boosted its stake in shares of iShares MBS ETF by 22.6% during the 3rd quarter. Hanlon Investment Management Inc. now owns 11,057 shares of the company’s stock worth $1,059,000 after purchasing an additional 2,037 shares during the last quarter. Finally, Austin Private Wealth LLC boosted its stake in shares of iShares MBS ETF by 5.9% during the 3rd quarter. Austin Private Wealth LLC now owns 158,211 shares of the company’s stock worth $15,158,000 after purchasing an additional 8,800 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Down 0.3 %

iShares MBS ETF stock opened at $93.61 on Wednesday. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76. The firm’s 50-day moving average is $92.02 and its two-hundred day moving average is $93.37.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.3204 per share. The ex-dividend date is Monday, March 3rd.

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).