Mount Yale Investment Advisors LLC Sells 676 Shares of iShares MBS ETF (NASDAQ:MBB)

Mount Yale Investment Advisors LLC trimmed its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 2.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 26,531 shares of the company’s stock after selling 676 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in iShares MBS ETF were worth $2,432,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Hobbs Group Advisors LLC boosted its position in shares of iShares MBS ETF by 115.5% during the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after buying an additional 149 shares during the period. St. Johns Investment Management Company LLC bought a new stake in iShares MBS ETF in the 3rd quarter valued at approximately $30,000. Godsey & Gibb Inc. acquired a new position in iShares MBS ETF during the 3rd quarter worth approximately $33,000. MeadowBrook Investment Advisors LLC grew its stake in shares of iShares MBS ETF by 413.5% during the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after acquiring an additional 306 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV raised its holdings in shares of iShares MBS ETF by 254.2% in the third quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock valued at $44,000 after purchasing an additional 333 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

Shares of MBB stock opened at $91.65 on Monday. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76. The company’s fifty day simple moving average is $92.16 and its 200-day simple moving average is $93.59.

iShares MBS ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.2944 per share. 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).