Private Advisor Group LLC Reduces Stock Position in iShares MBS ETF $MBB

Private Advisor Group LLC lessened its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 2.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 230,583 shares of the company’s stock after selling 6,184 shares during the period. Private Advisor Group LLC’s holdings in iShares MBS ETF were worth $21,894,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. ESL Trust Services LLC purchased a new stake in iShares MBS ETF in the 4th quarter worth approximately $28,000. Brown Lisle Cummings Inc. purchased a new position in shares of iShares MBS ETF during the first quarter valued at approximately $28,000. First Community Trust NA purchased a new position in shares of iShares MBS ETF during the first quarter valued at approximately $32,000. Nemes Rush Group LLC raised its holdings in shares of iShares MBS ETF by 132.9% during the fourth quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock valued at $34,000 after acquiring an additional 206 shares in the last quarter. Finally, Aventura Private Wealth LLC bought a new position in shares of iShares MBS ETF during the fourth quarter valued at approximately $35,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB stock opened at $94.13 on Friday. The stock has a fifty day moving average of $94.37 and a 200 day moving average of $95.06. iShares MBS ETF has a 52 week low of $92.40 and a 52 week high of $96.96.

iShares MBS ETF Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be issued a $0.3373 dividend. The ex-dividend date is Wednesday, July 1st.

iShares MBS ETF Company 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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).