United Capital Financial Advisors LLC Cuts Position in iShares MBS ETF (NASDAQ:MBB)

United Capital Financial Advisors LLC trimmed its stake in iShares MBS ETF (NASDAQ:MBB) by 0.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,488,518 shares of the company’s stock after selling 6,911 shares during the quarter. iShares MBS ETF makes up 1.2% of United Capital Financial Advisors LLC’s holdings, making the stock its 14th biggest position. United Capital Financial Advisors LLC owned approximately 0.38% of iShares MBS ETF worth $136,467,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of MBB. 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 position in shares of 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 acquiring an additional 422 shares in the last quarter. Activest Wealth Management bought a new stake in shares of iShares MBS ETF during the 4th quarter valued at $58,000. CENTRAL TRUST Co grew its holdings in iShares MBS ETF by 41.4% during the 4th quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock valued at $59,000 after buying an additional 189 shares in the last quarter. Finally, Tucker Asset Management LLC grew its holdings in iShares MBS ETF by 74.5% during the 4th quarter. Tucker Asset Management LLC now owns 670 shares of the company’s stock valued at $61,000 after buying an additional 286 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of iShares MBS ETF stock opened at $92.57 on Tuesday. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76. The company’s 50-day moving average price is $93.01 and its 200-day moving average price is $92.81.

iShares MBS ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were given a $0.3309 dividend. The ex-dividend date was Tuesday, April 1st. This is an increase from iShares MBS ETF’s previous dividend of $0.32.

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).