New Century Financial Group LLC Sells 503 Shares of iShares MBS ETF (NASDAQ:MBB)

New Century Financial Group LLC lessened its stake in iShares MBS ETF (NASDAQ:MBB) by 2.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 19,038 shares of the company’s stock after selling 503 shares during the period. iShares MBS ETF comprises about 0.7% of New Century Financial Group LLC’s holdings, making the stock its 26th biggest position. New Century Financial Group LLC’s holdings in iShares MBS ETF were worth $1,742,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in MBB. Ignite Planners LLC lifted its position in shares of iShares MBS ETF by 4.9% in the 4th quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock worth $226,000 after acquiring an additional 115 shares during the period. Strategic Blueprint LLC raised its stake in shares of iShares MBS ETF by 0.6% in the third quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock valued at $1,792,000 after purchasing an additional 116 shares in the last quarter. Cypress Wealth Services LLC lifted its position in iShares MBS ETF by 0.3% in the third quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock worth $4,463,000 after purchasing an additional 120 shares during the period. Savvy Advisors Inc. lifted its position in 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 purchasing an additional 121 shares during the period. Finally, Delos Wealth Advisors LLC boosted its stake in 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 in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

Shares of MBB stock opened at $91.53 on Friday. The firm has a fifty day moving average of $92.18 and a 200-day moving average of $93.59. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $0.2944 dividend. The ex-dividend date of this dividend 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).