Richardson Financial Services Inc. Decreases Stock Position in iShares MBS ETF (NASDAQ:MBB)

Richardson Financial Services Inc. cut its holdings in iShares MBS ETF (NASDAQ:MBB) by 18.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,051 shares of the company’s stock after selling 450 shares during the quarter. Richardson Financial Services Inc.’s holdings in iShares MBS ETF were worth $188,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Ignite Planners LLC raised its holdings in shares of iShares MBS ETF by 4.9% during the fourth quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock valued at $226,000 after purchasing an additional 115 shares during the last quarter. Strategic Blueprint LLC grew 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 worth $1,792,000 after purchasing an additional 116 shares during the period. Cypress Wealth Services LLC raised 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 buying an additional 120 shares during the last quarter. Savvy Advisors Inc. raised its stake in iShares MBS ETF by 4.3% during the 3rd quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock valued at $280,000 after buying an additional 121 shares during the last quarter. Finally, Delos Wealth Advisors LLC lifted its holdings in shares of iShares MBS ETF by 4.3% during the 3rd quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock valued at $281,000 after buying an additional 121 shares during the period. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 0.2 %

Shares of MBB opened at $92.19 on Friday. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76. The business has a fifty day moving average of $92.14 and a 200 day moving average of $93.56.

iShares MBS ETF Cuts Dividend

The company also recently declared 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.

About iShares MBS ETF

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).