Mutual Advisors LLC Has $3.55 Million Holdings in iShares MBS ETF (NASDAQ:MBB)

Mutual Advisors LLC lowered its position in iShares MBS ETF (NASDAQ:MBB) by 4.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 38,770 shares of the company’s stock after selling 1,826 shares during the period. Mutual Advisors LLC’s holdings in iShares MBS ETF were worth $3,554,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Hobbs Group Advisors LLC lifted its stake in iShares MBS ETF by 115.5% in the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after buying an additional 149 shares during the period. St. Johns Investment Management Company LLC bought a new stake in shares of iShares MBS ETF in the 3rd quarter valued at $30,000. Godsey & Gibb Inc. acquired a new position in shares of iShares MBS ETF during the 3rd quarter valued at $33,000. MeadowBrook Investment Advisors LLC boosted its stake in iShares MBS ETF by 413.5% during the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after acquiring an additional 306 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV grew its holdings in iShares MBS ETF by 254.2% in the third quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock worth $44,000 after purchasing an additional 333 shares during the period. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Down 0.3 %

MBB opened at $91.53 on Friday. The company has a fifty day moving average price of $92.18 and a two-hundred day moving average price of $93.59. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, December 23rd. Investors 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 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).