iShares MBS ETF (NASDAQ:MBB) Shares Sold by Stone House Investment Management LLC

Stone House Investment Management LLC cut its position in shares of iShares MBS ETF (NASDAQ:MBB) by 15.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 111,874 shares of the company’s stock after selling 19,760 shares during the quarter. iShares MBS ETF accounts for about 2.6% of Stone House Investment Management LLC’s investment portfolio, making the stock its 12th largest holding. Stone House Investment Management LLC’s holdings in iShares MBS ETF were worth $10,257,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Fiducient Advisors LLC bought a new stake in shares of iShares MBS ETF in the 4th quarter worth approximately $375,000. TME Financial Inc. bought a new position in iShares MBS ETF during the 4th quarter worth $2,666,000. Synovus Financial Corp lifted its stake in iShares MBS ETF by 5.6% in the fourth quarter. Synovus Financial Corp now owns 16,446 shares of the company’s stock valued at $1,508,000 after buying an additional 876 shares during the last quarter. Sagespring Wealth Partners LLC acquired a new position in shares of iShares MBS ETF during the fourth quarter valued at $802,000. Finally, Townsquare Capital LLC increased its holdings in shares of iShares MBS ETF by 5.8% in the 4th quarter. Townsquare Capital LLC now owns 38,027 shares of the company’s stock worth $3,486,000 after acquiring an additional 2,097 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

NASDAQ MBB opened at $91.91 on Monday. The company has a 50-day moving average price of $93.01 and a two-hundred day moving average price of $92.84. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76.

iShares MBS ETF Increases Dividend

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

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).