MKT Advisors LLC Cuts Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

MKT Advisors LLC lessened its position in iShares MBS ETF (NASDAQ:MBB) by 30.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,197 shares of the company’s stock after selling 2,311 shares during the quarter. MKT Advisors LLC’s holdings in iShares MBS ETF were worth $476,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Hobbs Group Advisors LLC grew its stake in shares of iShares MBS ETF by 115.5% in the 3rd 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 acquired a new position in iShares MBS ETF in the 3rd quarter valued at about $30,000. Godsey & Gibb Inc. purchased a new stake in shares of iShares MBS ETF during the third quarter worth $33,000. MeadowBrook Investment Advisors LLC raised its position in iShares MBS ETF by 413.5% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after purchasing an additional 306 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV boosted its stake in shares of iShares MBS ETF by 254.2% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock valued at $44,000 after buying an additional 333 shares during the period. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

MBB stock opened at $91.65 on Friday. The company’s 50 day moving average price is $92.16 and its 200 day moving average price is $93.57. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.2944 dividend. 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).