Checchi Capital Advisers LLC Reduces Stock Position in iShares MBS ETF (NASDAQ:MBB)

Checchi Capital Advisers LLC reduced its stake in iShares MBS ETF (NASDAQ:MBB) by 66.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 110,045 shares of the company’s stock after selling 218,978 shares during the period. Checchi Capital Advisers LLC’s holdings in iShares MBS ETF were worth $10,089,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Ignite Planners LLC raised its holdings in shares of iShares MBS ETF by 4.9% in the 4th quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock valued at $226,000 after acquiring an additional 115 shares in the last quarter. Strategic Blueprint LLC boosted its holdings in iShares MBS ETF by 0.6% during the 3rd quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock valued at $1,792,000 after acquiring an additional 116 shares during the period. Savvy Advisors Inc. increased its stake in shares of iShares MBS ETF by 4.3% in the third quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock worth $280,000 after buying an additional 121 shares during the period. Delos Wealth Advisors LLC grew its holdings in iShares MBS ETF by 4.3% in the 3rd quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock worth $281,000 after acquiring an additional 121 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of iShares MBS ETF by 18.7% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 794 shares of the company’s stock worth $73,000 after purchasing an additional 125 shares during the period. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $93.54 on Wednesday. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76. The stock’s 50-day moving average is $91.78 and its 200 day moving average is $93.40.

iShares MBS ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.3414 dividend. This is a positive change from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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).