Ausdal Financial Partners Inc. Sells 604 Shares of iShares MBS ETF (NASDAQ:MBB)

Ausdal Financial Partners Inc. cut its stake in iShares MBS ETF (NASDAQ:MBB) by 17.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,863 shares of the company’s stock after selling 604 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in iShares MBS ETF were worth $262,000 at the end of the most recent quarter.

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

iShares MBS ETF Stock Performance

Shares of iShares MBS ETF stock opened at $93.66 on Friday. The business has a 50-day moving average of $92.74 and a two-hundred day moving average of $93.13. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.3204 per share. The ex-dividend date was Monday, March 3rd.

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).