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

New Century Financial Group LLC reduced its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 2.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,038 shares of the company’s stock after selling 503 shares during the period. iShares MBS ETF accounts for approximately 0.7% of New Century Financial Group LLC’s portfolio, making the stock its 26th biggest holding. New Century Financial Group LLC’s holdings in iShares MBS ETF were worth $1,742,000 as of its most recent SEC filing.

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

iShares MBS ETF Price Performance

NASDAQ MBB opened at $91.53 on Friday. The stock has a 50-day simple moving average of $92.18 and a 200 day simple moving average of $93.59. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76.

iShares MBS ETF Cuts Dividend

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