Thrivent Financial for Lutherans Sells 48,040 Shares of iShares MBS ETF (NASDAQ:MBB)

Thrivent Financial for Lutherans lessened its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 6.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 695,650 shares of the company’s stock after selling 48,040 shares during the quarter. Thrivent Financial for Lutherans owned about 0.18% of iShares MBS ETF worth $64,356,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Hobbs Group Advisors LLC raised its position in shares of iShares MBS ETF by 115.5% during the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after buying an additional 149 shares in the last quarter. Truvestments Capital LLC purchased a new stake in iShares MBS ETF during the fourth quarter valued at about $36,000. Key Financial Inc lifted its stake in iShares MBS ETF by 4,220.0% during the fourth quarter. Key Financial Inc now owns 432 shares of the company’s stock worth $40,000 after purchasing an additional 422 shares during the last quarter. Activest Wealth Management bought a new stake in iShares MBS ETF during the fourth quarter worth about $58,000. Finally, CENTRAL TRUST Co boosted its holdings in shares of iShares MBS ETF by 41.4% in the 4th quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock worth $59,000 after purchasing an additional 189 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.2 %

Shares of MBB opened at $93.51 on Thursday. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76. The stock has a 50 day simple moving average of $92.42 and a two-hundred day simple moving average of $93.22.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a $0.3204 dividend. The ex-dividend date was Monday, March 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).