Mutual Advisors LLC Sells 1,826 Shares of iShares MBS ETF (NASDAQ:MBB)

Mutual Advisors LLC trimmed its holdings in iShares MBS ETF (NASDAQ:MBB) by 4.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 38,770 shares of the company’s stock after selling 1,826 shares during the quarter. Mutual Advisors LLC’s holdings in iShares MBS ETF were worth $3,554,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Hobbs Group Advisors LLC increased its position 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 acquiring an additional 149 shares in the last quarter. St. Johns Investment Management Company LLC acquired a new position in iShares MBS ETF during the 3rd quarter valued at about $30,000. Godsey & Gibb Inc. bought a new stake in iShares MBS ETF during the 3rd quarter worth approximately $33,000. MeadowBrook Investment Advisors LLC raised its stake in shares of iShares MBS ETF by 413.5% in 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 during the last quarter. Finally, Massmutual Trust Co. FSB ADV lifted its holdings 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 purchasing an additional 333 shares in the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Down 0.3 %

Shares of NASDAQ:MBB opened at $91.53 on Friday. The business’s 50 day moving average is $92.18 and its 200 day 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 company also recently announced 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 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).