RFG Advisory LLC Has $1.66 Million Stock Position in iShares MBS ETF (NASDAQ:MBB)

RFG Advisory LLC cut its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 20.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 18,069 shares of the company’s stock after selling 4,606 shares during the quarter. RFG Advisory LLC’s holdings in iShares MBS ETF were worth $1,657,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its stake in shares of iShares MBS ETF by 18.9% in the third quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock valued at $3,321,229,000 after buying an additional 5,521,374 shares in the last quarter. LPL Financial LLC grew its position in shares of iShares MBS ETF by 6.3% in the 3rd quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock valued at $1,838,565,000 after acquiring an additional 1,138,182 shares during the period. Fisher Asset Management LLC grew its position in shares of iShares MBS ETF by 8.3% in the 3rd quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock valued at $1,750,027,000 after acquiring an additional 1,404,263 shares during the period. Stifel Financial Corp increased its stake in shares of iShares MBS ETF by 0.8% during the 3rd quarter. Stifel Financial Corp now owns 3,550,412 shares of the company’s stock worth $340,165,000 after purchasing an additional 27,441 shares during the last quarter. Finally, Allworth Financial LP lifted its stake in iShares MBS ETF by 2.4% in the 3rd quarter. Allworth Financial LP now owns 3,069,901 shares of the company’s stock valued at $294,127,000 after purchasing an additional 71,046 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Trading Up 0.1 %

iShares MBS ETF stock opened at $91.65 on Friday. The stock has a 50-day simple moving average of $92.16 and a 200 day simple moving average of $93.57. 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 paid a $0.2944 dividend. 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).