Diversify Advisory Services LLC Trims Holdings in iShares MBS ETF (NASDAQ:MBB)

Diversify Advisory Services LLC trimmed its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 12.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,756 shares of the company’s stock after selling 4,574 shares during the quarter. Diversify Advisory Services LLC’s holdings in iShares MBS ETF were worth $2,875,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in MBB. Ignite Planners LLC boosted its holdings in shares of iShares MBS ETF by 4.9% in the fourth quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock valued at $226,000 after purchasing an additional 115 shares during the period. Strategic Blueprint LLC lifted its holdings in shares of iShares MBS ETF by 0.6% in the 3rd quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock worth $1,792,000 after buying an additional 116 shares during the period. Cypress Wealth Services LLC lifted its holdings in shares of iShares MBS ETF by 0.3% in the 3rd quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock worth $4,463,000 after buying an additional 120 shares during the period. Savvy Advisors Inc. grew its position in shares of iShares MBS ETF by 4.3% during the 3rd quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock worth $280,000 after buying an additional 121 shares in the last quarter. Finally, Delos Wealth Advisors LLC increased its stake in shares of iShares MBS ETF by 4.3% during the third quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock valued at $281,000 after buying an additional 121 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

MBB stock opened at $91.59 on Monday. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76. The business has a 50-day moving average price of $92.23 and a 200 day moving average price of $93.61.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.2944 dividend. The ex-dividend date was Wednesday, December 18th.

iShares MBS ETF Company 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).