Transcend Capital Advisors LLC Decreases Holdings in iShares MBS ETF (NASDAQ:MBB)

Transcend Capital Advisors LLC trimmed its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 35.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,123 shares of the company’s stock after selling 5,086 shares during the period. Transcend Capital Advisors LLC’s holdings in iShares MBS ETF were worth $836,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hobbs Group Advisors LLC raised its position in iShares MBS ETF by 115.5% in the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after acquiring an additional 149 shares during the period. St. Johns Investment Management Company LLC purchased a new stake in shares of iShares MBS ETF during the 3rd quarter worth approximately $30,000. MeadowBrook Investment Advisors LLC raised its holdings in shares of iShares MBS ETF by 413.5% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after purchasing an additional 306 shares during the period. Key Financial Inc lifted its stake in iShares MBS ETF by 4,220.0% in the fourth quarter. Key Financial Inc now owns 432 shares of the company’s stock valued at $40,000 after purchasing an additional 422 shares during the last quarter. Finally, Activest Wealth Management bought a new position in iShares MBS ETF during the fourth quarter valued at $58,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

Shares of MBB opened at $92.87 on Friday. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76. The stock’s fifty day moving average price is $91.75 and its two-hundred day moving average price is $93.43.

iShares MBS ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.3414 dividend. This is a boost from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, February 3rd.

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).