iShares MBS ETF (NASDAQ:MBB) Shares Sold by Capital Investment Advisors LLC

Capital Investment Advisors LLC cut its position in shares of iShares MBS ETF (NASDAQ:MBB) by 4.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 397,945 shares of the company’s stock after selling 19,284 shares during the period. Capital Investment Advisors LLC owned 0.10% of iShares MBS ETF worth $36,484,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hobbs Group Advisors LLC increased its holdings in iShares MBS ETF by 115.5% in the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after acquiring an additional 149 shares in the last quarter. St. Johns Investment Management Company LLC purchased a new stake in shares of iShares MBS ETF during the third quarter worth about $30,000. Godsey & Gibb Inc. acquired a new position in shares of iShares MBS ETF during the 3rd quarter worth about $33,000. MeadowBrook Investment Advisors LLC lifted its position in shares of 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 acquiring an additional 306 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV boosted its stake in iShares MBS ETF by 254.2% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock worth $44,000 after purchasing an additional 333 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

iShares MBS ETF stock traded down $0.17 during trading on Monday, reaching $90.35. 756,632 shares of the company were exchanged, compared to its average volume of 2,057,118. The stock’s 50 day simple moving average is $92.40 and its two-hundred day simple moving average is $93.62. 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 disclosed 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 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).