Arkadios Wealth Advisors Sells 969 Shares of iShares MBS ETF (NASDAQ:MBB)

Arkadios Wealth Advisors lessened its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 4.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,461 shares of the company’s stock after selling 969 shares during the quarter. Arkadios Wealth Advisors’ holdings in iShares MBS ETF were worth $2,151,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in MBB. Blair William & Co. IL boosted its position in shares of iShares MBS ETF by 8.4% during the 2nd quarter. Blair William & Co. IL now owns 7,259 shares of the company’s stock worth $666,000 after purchasing an additional 560 shares in the last quarter. Hsbc Holdings PLC raised its holdings in shares of iShares MBS ETF by 102.5% in the 2nd quarter. Hsbc Holdings PLC now owns 22,798 shares of the company’s stock worth $2,093,000 after acquiring an additional 11,539 shares during the last quarter. Sei Investments Co. raised its holdings in shares of iShares MBS ETF by 20.8% in the 2nd quarter. Sei Investments Co. now owns 2,387,756 shares of the company’s stock worth $219,222,000 after acquiring an additional 411,096 shares during the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of iShares MBS ETF by 3.7% in the 2nd quarter. Thrivent Financial for Lutherans now owns 386,245 shares of the company’s stock worth $35,461,000 after acquiring an additional 13,916 shares during the last quarter. Finally, Westwood Holdings Group Inc. raised its holdings in shares of iShares MBS ETF by 1.5% in the 2nd quarter. Westwood Holdings Group Inc. now owns 9,129 shares of the company’s stock worth $838,000 after acquiring an additional 134 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB opened at $91.59 on Friday. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76. The company’s 50-day moving average is $92.23 and its 200 day moving average is $93.59.

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 of this dividend was Wednesday, December 18th.

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).