PFG Investments LLC Has $714,000 Stake in iShares MBS ETF (NASDAQ:MBB)

PFG Investments LLC trimmed its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 34.5% during the fourth quarter, HoldingsChannel reports. The fund owned 7,785 shares of the company’s stock after selling 4,107 shares during the quarter. PFG Investments LLC’s holdings in iShares MBS ETF were worth $714,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Ignite Planners LLC boosted its position in shares of iShares MBS ETF by 4.9% during the 4th quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock valued at $226,000 after purchasing an additional 115 shares in the last quarter. Strategic Blueprint LLC boosted its holdings in iShares MBS ETF by 0.6% during the 3rd quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock worth $1,792,000 after acquiring an additional 116 shares during the last quarter. Cypress Wealth Services LLC grew its position in iShares MBS ETF by 0.3% in the 3rd quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock worth $4,463,000 after purchasing an additional 120 shares in the last quarter. Savvy Advisors Inc. increased its position in shares of iShares MBS ETF by 4.3% during the third quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock valued at $280,000 after acquiring an additional 121 shares during the last quarter. Finally, Delos Wealth Advisors LLC increased its position in shares of iShares MBS ETF by 4.3% during the 3rd quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock valued at $281,000 after purchasing an additional 121 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.0 %

Shares of MBB stock opened at $92.20 on Thursday. The firm’s 50-day simple moving average is $92.15 and its two-hundred day simple moving average is $93.58. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.2944 dividend. The ex-dividend date of this dividend was Wednesday, December 18th.

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).