Cliftonlarsonallen Wealth Advisors LLC Cuts Stock Position in iShares MBS ETF (NASDAQ:MBB)

Cliftonlarsonallen Wealth Advisors LLC decreased its holdings in iShares MBS ETF (NASDAQ:MBB) by 2.0% in the 4th quarter, HoldingsChannel reports. The firm owned 44,779 shares of the company’s stock after selling 916 shares during the quarter. Cliftonlarsonallen Wealth Advisors LLC’s holdings in iShares MBS ETF were worth $4,105,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in MBB. Hobbs Group Advisors LLC raised its holdings 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 acquiring an additional 149 shares in the last quarter. St. Johns Investment Management Company LLC purchased a new stake in iShares MBS ETF during the third quarter worth approximately $30,000. Godsey & Gibb Inc. acquired a new position in iShares MBS ETF in the third quarter valued at approximately $33,000. MeadowBrook Investment Advisors LLC increased its stake in 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 raised its holdings in iShares MBS ETF by 254.2% during 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 in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 1.0 %

Shares of NASDAQ MBB traded up $0.92 during mid-day trading on Wednesday, reaching $91.38. The company had a trading volume of 65,705 shares, compared to its average volume of 2,281,807. The firm has a 50 day simple moving average of $92.30 and a two-hundred day simple moving average of $93.60. 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 company also recently disclosed a dividend, which was paid on Monday, December 23rd. Shareholders 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).